Joveo, a recruitment technology platform, has raised $5 million in Series A funding. The round was led by Nexus Venture Partners.
Joveo plans to use the new funding to accelerate development of its product offerings, expand its partnerships and scale its AI/deep learning layer. In addition to announcing the funding, the company announced its acquisition of Ripple Labs, a programmatic media buyer that partners with agencies to provide an open publisher marketplace and trading expertise.