DENVER, CO--(Marketwired - July 18, 2016) - Source Direction is excited to announce it has been selected as a "2016 TiE50 Top Startup" for the prestigious TiE50 Technology Awards Program. Winners were announced at the organization's annual entrepreneurial conference, TiEcon.
"Thank you to TiE Rockies, our home chapter, for their mentorship and support, and to TiE50 for nominating us as one of the top 50 startups in the world. We're thrilled to receive this acknowledgement from such a premiere network. It is a huge milestone that will propel us into our next round of funding and help us bring Source Direction to recruiters everywhere," commented Steve Bradley, CEO & Founder of Source Direction.
"TiE50 has become a global brand that attracts thousands of companies worldwide. We screened more than 2000 companies this year and selected the most innovative 50 companies as 2016 TiE50 Top Startups. TiE50 presentation audiences are treated to amazing ideas and disruptive technologies," said program co-chair Karpagam Narayanan.
Recruiters and hiring managers today are faced with a persistent problem plaguing companies around the world -- finding the right person for the job in a timely manner. Hiring the right individuals consistently ranks as one of the highest and most strategic challenges for businesses and CEOs in every industry. The new groundbreaking web platform from Source Direction enhances and expedites the recruitment process for hiring managers, candidates, and recruiters. Source Direction's web platform creates a one-of-a-kind profile for candidates and standardizes resumes, drastically improving the onerous task of sorting through thousands of paper resumes and reducing the matching process to just a few clicks. In addition, skill-specific videos delivered by Source Direction can be added to profiles, providing both recruiters and their hiring companies with early indicators of a candidate's potential fit. More than just a clever skill-ranking tool, the profile videos also provide immediate and unique insight into emotional intelligence, personality, communication, and "soft skills."
"The TiE50 Program is one of TiE Silicon Valley's most successful programs. This year, the screening committee included 47 judges who are highly accomplished domain experts, senior executives, venture capitalists, and marquee tech entrepreneurs. The TiE50 program's track record since its inception in 2009 shows an overwhelming 92% percentage of startups get funded within one year of being recognized! About 130 Top Startups had successful exits so far," added Narayanan.
President-elect and program co-chair Ram K. Reddy added that, "TiE Silicon Valley will continue to mentor and support these companies throughout the year by offering guidance and connectivity to our broader ecosystem."
About Source Direction:
Source Direction is an award-winning SaaS company providing a revolutionary new way for recruiters to find the right candidates in the least amount of time. The Source Direction web platform cuts down interviewing time by 75% through patent-pending skill matching, unique video interviewing, and standardized resume parsing. Third-party and internal recruiters alike will eliminate hours wasted sorting through traditional resumes and outdated, inefficient keyword searches. Sign up for a demo today at www.SourceDirection.com
TiEcon is the world's largest conference for entrepreneurs and intrapreneurs with loyal participation from top technology companies, leading venture capital firms, and global service providers. Each year, about 5,000 attendees from across the world converge upon the Silicon Valley to attend TiEcon. Attendees come together to network and experience content rich sessions TiEcon was listed by Worth Magazine as one of the 10 best conferences for ideas and entrepreneurship along with TED and the World Economic Forum. For more information on TiEcon, visit http://www.tiecon.org/.
About TiE Silicon Valley: TiE Silicon Valley is a globally networked not-for-profit organization fostering technology entrepreneurship through mentoring, education, and networking. www.tieeco.org