HackerRank, a platform used by hackers to hone their skills and by companies to streamline their recruiting process, has raised $9.2 million in Series B funding from Khosla Ventures, Battery Ventures and a host of angel investors. HackerRank's social platform is used by hackers in over 40 countries to test their coding skills through hundreds of computer science challenges. The enterprise version of its platform, HackerRankX, is designed to objectively evaluate code across different domains of computer science, like artificial intelligence, machine learning and algorithms, reportedly saving an average of 80 recruiting hours for every hire made by a company using its platform.
Companies in a broad range of industries—from tech and energy to banking and gaming—are using HackerRank to connect to talented engineers across the world. The company last raised $3 million of Series A funding in 2011 at a $13.3 million valuation and now has a total of $12.4 million in VC backing.