UPDATED 22:22 EDT / JUNE 21 2017

EMERGING TECH

Textio, a company that uses machine learning to write job ads, raises $20M

Textio Inc., a Seattle-based startup that uses machine learning to provide “augmented writing” for companies advertising for new staff, has raised $20 million in a new funding round.

The Series B round was led by Scale Venture Partners and included previous investors Emergence Capital, Cowboy Ventures, Bloomberg Beta and Upside Partnership.

Founded in 2014, Textio’s “advanced machine learning platform for writing” uses a predictive engine that analyzes job listings and hiring outcomes data from over 50 million documents to “find the meaningful language patterns that cause some job posts to succeed where others fail.” Put more simply, it writes job ads using language that it claims is more successful at getting good applicants.

The idea behind the company may seem somewhat mundane, given that you might be able to train 50 monkeys to write a decent job ad. But where the company gets interesting is with its application of artificial intelligence. Textio claims its machine learning platform tweaks language in a job ad using an “innovative learning loop that gets smarter with every keystroke.”

The company claims that users on average recruit 25 percent more people qualified enough to interview and 23 percent more women 17 percent faster, whatever that means. While it’s easy to be facetious about the company and its marketing claims (perhaps generated by its AI algorithms), serious companies appear to like it with users including Apple Inc., Microsoft Corp., Slack Inc., Atlassian Inc., VMware Inc., Bloomberg L.P. and a range of other firms.

“One of the reasons that we have a point of view about augmented writing and not automated writing, is that you can’t actually take the personal human voice and point of view out of the equation and still expect writing to land with real people,” co-founder Keiran Snyder told Geekwire. “If every job post sounded exactly the same, none would perform any better or worse than others.”

Including the new round, Textio has raised $29.5 million to date. The company said it would use the new funding to expand into other types of business interactions such as recruiting emails and sales communications.

Image: Textio

A message from John Furrier, co-founder of SiliconANGLE:

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.

  • 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
  • 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.