Expressume Selects Kurt Heikkinen as CEO and Secures Series B Funding Round of More Than $1 Million

Video Talent Acquisition Leader Unveils Company Milestones

Jun 08, 2010, 13:32 ET from Expressume

DELAFIELD, Wis., June 8 /PRNewswire/ -- Expressume, a software-as-a-service (SaaS) provider of video talent acquisition solutions to the Global 5000, announced today the naming of Kurt Heikkinen to the role of CEO.  Additionally, the company shared the news of securing commitments for its series "B" funding round, led by Gary Comer Investments and also including investments from Calumet Venture Fund.

Heikkinen brings to Expressume more than 20 years of enterprise software experience within the talent management and SaaS domains.  Throughout his career, he has led start-up companies and large enterprises through technology product launches to serve rapidly emerging markets.

Heikkinen's past experience includes executive positions at PeopleSoft, Inc. where he was responsible for product strategy, development and support for their $400M HRMS business unit.  During his tenure, Heikkinen also served as the vice president of Global Support and helped grow PeopleSoft from $50 million to more than $1 billion in annual revenue.  Additionally, Heikkinen was a member of the executive team at Evolve, Inc. where he was instrumental in raising $45 million in funding. His leadership of their professional services and product development organizations helped bring the company through several product releases and a successful IPO.  Heikkinen has also served as vice president of eBanking Product Development at Metavante, and managing partner for Codeworks, Inc.

"Calumet Venture Fund has been impressed with Expressume's use of leading edge technology, deep understanding of their market and customer focus since our initial involvement in their first round of funding in 2008.   Expressume is well positioned to capture a significant portion of this rapidly expanding market," explained Judy Owen, general partner at Calumet Venture Fund.  "We are confident that Kurt's leadership and experience will help ensure they harness this potential and fully realize the growth opportunities that lay ahead," she added.

"I'm delighted to join the team at Expressume.  The demand and opportunity for video enabled hiring technology is enormous.  Together our team will scale the company to deliver against an abundance of new business demands," said Heikkinen.  "I feel fortunate to have joined such an innovative organization at such an exciting time.  Our completion of a second round of funding is further validation of the market opportunity and success of our model," he added.

About Expressume

Expressume delivers enterprise video talent acquisition solutions to the Global 5000.  Founded in 2007, the company is a pioneer in the utilization of video technology to optimize the hiring process through an enterprise software-as-a-service (SaaS) model.  Expressume's approach provides hiring teams and recruiters an all-inclusive solution that integrates instantly retrievable candidate videos, profiles, credentials, and documentation with the capability to conduct live panel interviews on demand.  By enhancing efficiency, eliminating travel requirements, and minimizing costs, Expressume is able to engage candidates and hiring teams throughout the process, drive faster decisions and improve overall quality of hire.  For more information, please visit www.expressume.com.

SOURCE Expressume



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