iCIMS Expands, Moves Headquarters to Matawan, NJ »
Hazlet, NJ (PRWEB) March 15, 2012 iCIMS, a leading provider of Software-as-a-Service (SaaS) talent acquisition software solutions for growing businesses, recently announced that the company’s corporate headquarters will relocate from Hazlet, NJ to nearby Matawan, NJ on March 26th. The new office space, located at 90 Matawan Road, is in a class “A” building that can comfortably house iCIMS’ current in-house staff of 200+ employees and enable further expansion to accommodate the organization’s strategic growth plans.
As part of its expansion strategy, iCIMS plans to increase full-time staff by almost 25 percent within 2012. The majority of these new hires will be located in Matawan and will be concentrated in marketing, sales, and technology.
“iCIMS is growing exponentially,” said Colin Day, Chief Executive Officer, iCIMS. “Last year, we reached our 1,000-client milestone by adding an average of one new customer for every business day. To properly support our expanding client base and aggressively pursue more growing businesses to work with, we’re bringing on additional talented team members. We are completely committed to creating jobs in the area where iCIMS has ‘grown up’ as a company,” Day concluded.
iCIMS was recently named to a list of the 100 “Best Places to Work in New Jersey” by NJBIZ magazine. The award program identifies, recognizes, and honors the top places of employment in New Jersey that benefit the state. iCIMS’ ranking on the NJBIZ list will be announced at a gala ceremony on April 25th.
“We are very energized about our big move,” said Patricia Finaldi, Talent Acquisition Manager, iCIMS. “Our new location offers upgraded facilities and an open, synergistic team environment. Not to mention, our central New Jersey location provides a convenient alternative to long city commutes. iCIMS employees enjoy the best of both worlds: the ability to be contributors in an award-winning SaaS company and the opportunity to work locally. This is the perfect facility to cater to iCIMS’ expansion and remain in the area that has supported our growth to date,” Finaldi summarized.
The move was decided soon after iCIMS announced a $35 million minority investment from Susquehanna Growth Equity, LLC (SGE). Prior to securing the investment capital, iCIMS had been self-funded and profitable, with an organic growth rate of 43 percent CAGR since 2003. The company plans to use the influx of capital to increase investments in marketing, product development, and personnel.
iCIMS focuses on delivering intuitive and scalable solutions designed to help companies of all sizes streamline Human Resources processes. iCIMS provides a simple-to-use, yet extremely robust talent acquisition system that automates social recruiting, applicant tracking, and onboarding processes.
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By Tim Spagnola
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