PeopleFilter + Frank Pirri + Kevin Harrison

If you have posted a job on Monster or CareerBuilder and been flooded with applicants, then you could use an Applicant Tracking System like PeopleFilter. Their software helps you search, sort, and manage incoming resumes for each job opening. There are a lot of competing companies who have popped up in the past few years, but PeopleFilter's unique spin is to automatically analyzes resumes to determine how good of a fit each person is.

PeopleFilter (formerly Talentology) was founded by Frank Pirri and Kevin Harrison. The two founded PeopleFilter after selling MyPoints.com for $113 million in 2001, a company they were founding members of. The idea for PeopleFilter came from their frustration with hiring while at MyPoints. They raised a round of angel funding from friends and family while signing up customers like US Cellular. They closed a $4.5 million round in January of 2006.

Dimensions: ~45 people people x 6 years (2001) x $2 million in 2005
Funding: $1.2 million angel + $4.5 million VC from Cities Capital Funds (Cincinnati), Velocity Equity Partners (Boston)
Customers: HR departments of large companies
Location: Chicago [Arlington Heights] + www.peoplefilter.com