Personic Inc.

FRAMINGHAM (05/01/2000) - Personic Inc.

Address: 1000 Marina Blvd., 5th floor, Brisbane, Calif. 94005Phone: (650) 829-6800Web: www.personic.comNiche: Streamlining recruiting and hiring through a supply-chain modelWhy it's worth watching: Any possible answer to the crushing labor shortage may be welcomed by IT managers.

Number of employees: 300

Revenue growth rate: More than 100% per year for two yearsFounded: 1994Burn money: A recent $18 million mezzanine round of financing from American International Group Inc.'s Developed Markets Private Equity Fund, Technology Crossover Ventures, Battery Ventures and BancBoston CapitalCompany officers:

Ankesh Kumar, co-founder and chairman

Tadhg Canniffe, co-founder and chief technology officerJohn Floisand, president and CEOMohamad Boroumand, chief strategy officerRed flags for IT: There are competitors with a tighter focus on IT. And will corporate America be comfortable procuring workers like boxes of paper clips?

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