Cash infusion for Gild aims to bring diversity to U.S. tech sector

By Sarah McBride SAN FRANCISCO (Reuters) - Hiring startup Gild has raised cash to help it tackle one of the U.S. technology sector's highest-profile challenges: the lack of diversity among its workers. Gild, which said it raised $13.5 million from Menlo Ventures and others, uses algorithms to find software developers that don't always fit the traditional mold. Customers run from online commerce site Gilt to software company Microsoft Corp to travel site TripAdvisor Inc. "Hiring is not a meritocracy," said Venky Ganesan, a partner at Menlo Ventures, which is leading the funding round.



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