BirdDogHR bags funding for software development
DES MOINES, Iowa — BirdDogHR, a Des Moines startup, recently received a $300,000 loan from the Iowa Economic Development Authority (IEDA). The company recently moved into new headquarters in Urbandale with an eye toward adding up to 70 new personnel.
BirdDogHR provides a cloud-based talent management service, including recruiting and applicant tracking, onboarding, performance management, learning management and succession planning.
The loan from IEDA comes from the Iowa Innovation Acceleration Fund. The purpose of the fund is to promote the transfer of technology into profitable companies and high-paying jobs. The funds are designed to support commercializing research, launching new start-ups and accelerating private investment and industrial expansion efforts that result in significant capital investment.
The company plans to use the loan to purchase — or to build from scratch — code to replace third party software used to offer its on-boarding module.
In January, BirdDogHR reported its revenues were up 53 percent in 2014 compared 2013. The company raised $4 million in 2014 last year in a funding round led by Next Level Ventures.
Source: The Des Moines Register