Top Story

e4m_logo.png

Home >> Digital >> Article

Gild looks to revamp, secures $2.4 mn in funding

12-August-2011
Font Size   16
Share
Gild looks to revamp, secures $2.4 mn in funding

Networking and skill developers’ platform, Gild, has received funding of $2.4 million led by Globespan Capital Partners. The website offers a platform for developers to build, share, compare and improve their skills profiles. Following the funding, Venky Ganesan, Managing Director, Globespan Capital Partners, will join Gild’s Board of Directors.

Speaking on the funding, Sheeroy Desai, CEO, Gild, said, “We are thrilled with Globespan’s support and look forward to their guidance and partnership as we continue to grow into the leading skills-based professional community.”

The funds would be used to develop the website further. Talking to exchange4media, Manjunath Ramesh, MD, Gild, explained, “We will use it to expand our website rapidly and focus on further development of our technology. We are looking to make the user experience richer.”

Commenting on the alliance, Venky Ganesan, MD, Globespan, said, “By mapping the world’s talent based on skills profiles, Gild is leading the way in the next frontier for talent and professional networking. We believe Gild will become the essential skills network for talent worldwide. We love the long term vision, the team, and the potential to build a huge business.”

In addition to the funding, the company unveiled a new visual interface and a series of major enhancements. Ramesh added, “Gild members can now build robust profiles of their skills and search for and compare their skills with other developers around the world. The new features, along with tighter integration with other social and professional networks, will make it easier for developers to promote their skills, compare themselves to others, and learn how they stack up against the rest of the world.”

Since its launch in September 2010, Gild claims to have grown to nearly half a million members across the world. Through scientific assessment and algorithms, Gild provides developers worldwide with a way to rank themselves by solving real world coding puzzles, earn certifications that test for the application of coding knowledge and experience, and utilise a smart recommendations engine. Gild claims that over 70 per cent of their members say that the achievements earned on the site helped improve their skills.

Ramesh added here, “With the enhancements and features, Gild.com will be the essential utility where developers come to build, share, and compare their skills profiles, and in the process understand how they rank, how to promote themselves and how to stand out based on what they know, not who they know. A platform like Gild.com helps IT companies identify developers with desired skill sets making it easier for them to recruit people. On the other hand, the Simply Hired feed, which tells you that Gild.com has 4+ million job postings on the site and the search by the skills feature, allows you to utilise the skills you've honed on Gild.com to find the right position.”

Tags

Siddharth Kumar Tewary, Founder, Chief Creative, One Life Studios and Swastik Productions, on owning the IP on his most ambitious project 'Porus,' the risk of recovering its cost and his distribution strategy

Webscale plans to build the brand around smooth operations for the e-commerce sector and then move on to demand generation

Shriya Ghate, Business Head, Tinkle, spills the beans on the company's vision for its special line of merchandise launched to celebrate its 37th anniversary, its pricing, marketing strategies, and more

Vivek Patni, Director of Wonder Cement, on the current marketing strategies and challenges that brand owners face

Luis Fonsi, Rita Ora, Jain of Makeba fame , Dimitri Vegas, Jason Derulo, Charly Black and Dasu, J Balvin, Parineeti Chopra, Tiger & Jackie Shroff speak exclusively to the radio channel

The Film-Maker, as the host of ‘Calling Karan’, Will Be Just A Phone Call Away From Listeners Seeking Advice On Love & Relationship

The group aims to double its FMCG turnover to Rs. 1,000 crore over four years.