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Snapshot of VC Deals: ClearFit, Vidyard

clearfitWho: ClearFit, which makes it easy for organizations of any size to find and hire the best people. Vidyard, which offers a video hosting and analytics platform.

How much:
- ClearFit: $7 million in series A funding led by GrandBanks Capital, as well as Relay Ventures.
- Vidyard: $6-million from are OMERS VenturesiNovia CapitalSoftTech VC and Jill Rowleyvidyard

The Quote:
- “We’ve experienced incredible growth this year and we’re scaling ClearFit to keep up with demand,” said ClearFit co-founder Jamie Schneiderman. “Scaling this quickly would be impossible without our own product to help us find the best people for our culture quickly.”

- “Our journey to this point has been nothing short of remarkable and I’m happy to announce that we’ve secured Series A financing from an amazing group of investors. This deal comes on the tail of significant momentum as we continue to develop the “video marketing platform” category. We are now poised to grow our market leadership via world-class product integrations and a continued focus on enhancing the features that our marketers crave,”Michael Litt, founder and CEO of Vidyard.

ClearFit raised $1.7 million in 2012 from Relay Ventures and a group of Toronto investors. More than 8,000 businesses use ClearFit, which has patented software that uses data analysis to predict employment success five times better than traditional hiring, all included in the cost of a regular job postings.

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