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Triplebyte co-founders Guillaume Luccisano, Ammon Bartram, and Harj Taggar. Photo: Triplebyte

Triplebyte, a three-year-old San Francisco startup developing software and tools to assess engineers’ skills and match them to available jobs, has raised a $10 million Series A round led by Initialized Capital.

Why it matters: “Every business is gonna need to be a software business,” Initialized Capital co-founder Alexis Ohanian tells Axios, adding that the need for engineers is only going to increase.

How it works: On one side, Triplebyte evaluates prospective candidates’ skills via online tests and technical interviews.

  • Then algorithms match their skills to the available jobs best suited to them. Candidates can pick from those and get in touch with the employers’ recruiters.
  • Currently, about 40% of candidates reside outside the Bay Area and wish to get a job in Silicon Valley. It also works with a small number of New York City employers, and plans to soon expand to Seattle.

Triplebyte says that its system for evaluating candidates is focused on their true technical skills, without common biases such as resumes with prestigious schools and employers.

  • It could help candidates from underrepresented groups have a fairer shot since it focuses on technical skills, according to co-founder and CEO Harj Taggar. Currently, Triplebyte’s pool of candidates is only slightly more diverse than the average company (about 30% are women or of an underrepresented ethnic minority), though Taggar expects its upcoming outreach and expansion efforts to improve this.
  • Eventually, Triplebyte can also be useful to companies outside of established tech hubs as they seek to hire more engineers, especially from local candidate pools.

Go deeper

Updated 7 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — U.S. tops 88,000 COVID-19 cases, setting new single-day record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. 🎧Podcast: The vaccine race turns toward nationalism.

Technical glitch in Facebook's ad tools creates political firestorm

Facebook CEO Mark Zuckerberg. Photo: SOPA Images / Contributor

Facebook said late Thursday that a mix of "technical problems" and confusion among advertisers around its new political ad ban rules caused issues affecting ad campaigns of both parties.

Why it matters: A report out Thursday morning suggested the ad tools were causing campaign ads, even those that adhered to Facebook's new rules, to be paused. Very quickly, political campaigners began asserting the tech giant was enforcing policies in a way that was biased against their campaigns.

8 hours ago - Health

States beg for Warp Speed billions

A COVID-19 drive-thru testing center yesterday at Hard Rock Stadium in Miami Gardens. Photo: David Santiago/Miami Herald via AP

Operation Warp Speed has an Achilles' heel: States need billions to distribute vaccines — and many say they don't have the cash.

Why it matters: The first emergency use authorization could come as soon as next month, but vaccines require funding for workers, shipping and handling, and for reserving spaces for vaccination sites.