Like all other types of data in the enterprise, resumes have a tendency to pile up. A job posting can easily attract hundreds of applications nowadays that often filed away for later in case they’re rejected. But HR departments rarely make effective use of their archived candidate records, a situation that Restless Bandit Inc. hopes to remedy with the support of GGV Capital and Toba Capital.

The two investment firms led a $8 million funding round into the startup today to help support its efforts at improving companies’ talent rediscovery operations. Restless Bandit’s namesake cloud service can plug into an organization’s recruiting system, scan old resumes and automatically find relevant candidates when a new job opening is available. Its built-in machine algorithms then narrow down the list by checking submissions against a set of high-level criteria for assessing qualifications. The result is a neat candidate list organized based on the perceived applicability of their skills to the job.

The service is designed to complement traditional recruiting tools like those provided by LinkedIn Inc., which bought Restless Bandit Chief Executive Steve Goodman’s previous HR venture for $130 million in 2014. Enabling HR workers to find professionals who have already expressed an interest in their company by applying for an earlier job can help them find the ideal candidate much faster. The service has the potential to be even more useful when recruiting people for places like retail stores, where there are often a large number of low-level positions that need to be filled quickly.

Today’s funding will enable Restless Bandit to develop more new features. The startup didn’t go into too much detail, but its announcement does specify that it’s mainly looking to target large organizations with more 1,000 employees. Goodman told TechCrunch that the firm may consider developing a service for job-seekers later down the road. Such an offering could help level the playing field against other venture-backed recruiting automation startups like Hired Inc., which already provides an applicant front-end.

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