Much like every other part of business operations in the enterprise, recruitment is too undergoing significant changes as a result of the growing reliance on analytics for decision-making. The trend is spearheaded by a startup called Hired Inc. that secured $40 million in funding this morning to promote its data-driven spin on traditional headhunting.

The three-year-old outfit has created an online directory for job-seekers in fields such as software development, sales and marketing that can be centrally searched based on the demands of a position. For instance, if a fast-growing technology firm requires a seasoned channel executive to lead its partner-building effort, then Hired can weed out potential candidates who lack a proven track record of success. The filtering is performed using a combination of traditional parameters like how many years of experience a user claims to have in their profile description and machine learning technology gained through its purchase of fellow startup Zlemma Inc. last year.

Hired says that its directory provides a more convenient alternative to manually sifting through the hundreds of applications that a job posting can attract. The search functionality is also potentially more effective than traditional headhunters, with the startup boasting that a full 40 percent of interview offers sent through its platform are accepted. One customer featured on its site, the now Twitter-owned Inc. Namo Media, claims to have hired the first candidate who was matched up with its posting.

Workers, meanwhile, gain the ability to passively speed up their job hunt. Hired is free for applicants and even offers a $1,00 hiring bonus to recruits who successfully land through positions through its platform. The startup has attracted tens of thousands of users with that value proposition as well as more than 2,000 employees, including Facebook Inc., GitHub Inc. and numerous other Silicon Valley heavyweights. The new funding will be used to further expand the appeal by adding more job categories.

Hired is also growing its global reach in conjunction, having recently announced plans to bring its platform to Singapore. More countries will no doubt follow as the startup steps up its efforts to target overseas employers and large multinational enterprises stateside that have employees all around the world.

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