https://techcrunch.com/2021/10/13/karat-raises-110m-on-a-1-1b-valuation-to-grow-its-technical-interviewing-as-a-service-platform/

In the global race for technical talent, companies are on the hunt for ways to speed up and scale the hiring process to snap up the best candidates before their competitors get to them. Today, a company that has built a solution to help with one aspect of that — the interviewing process — is announcing a big round of funding that underscores that demand.

Karat, which has built what it calls the “Interviewing Cloud” — essentially, an “interviewing as a service” platform that provides customers with a way to funnel candidates to Karat’s team of trained online interviewers, engineers themselves who screen applicants for skills and problem solving abilities as part of the online assessment — has closed a round of $110 million, a Series C that values the Seattle startup at $1.1 billion.