Wazzup Pilipinas!
Kalibrr, a Philippine tech start-up, recently joined the ranks of successful companies like AirBnB, Reddit, Dropbox, Scribd and 9-gag, which were initially funded by Silicon Valley venture firm, Y-Combinator. Headed by University of California-Berkeley alumni, Paul Rivera and Dexter Ligot-Gordon, Kalibrr is a cloud-based job-matching platform, which makes online recruitment not only faster and smarter, but also more reliable.
Kalibrr generated a whopping $2 million, the largest fund raised by a local start-up so far. This was made possible by a number of investors, 75% of which are foreign-based including Pierre Omidyar of eBay and Y Combinator, and 25% from PH-based Kickstart Ventures.
“We are proud to be the first Filipino company to receive support from the Valley, but we certainly hope that we are not the last,” says Rivera, Kalibrr founder.
The firm started local operations in the fourth quarter of 2014 and their platform is currently on beta, but the founders recently disclosed their plan of going full swing by the second quarter of this year.