News

Monk’s Hill leads Series B financing of Glints

July 15, 2019Client News

Gunderson Dettmer acted as counsel to Monk’s Hill in its Series B investment of Singapore-based hiring platform Glints. The round totaled $6.8 million and included other participating investors MindWorks Ventures, Fresco Capital and Wavemaker Partners. The fresh capital will be used to grow Glint’s product and engineering teams and expand into Vietnam and Hong Kong.

In the announcement of the funding, managing partner of Monk’s Hill Ventures Peng T. Ong said, “Employers are struggling to fill their vacancies with a shortage of skilled talent worldwide, and it is no exception in Southeast Asia. Glints has thought through the entire journey of someone who is looking for work or talent and has developed an end-to-end tech solution that meets the needs of both candidates and companies in Asia. The traction and strong growth we’ve seen is very exciting, which is why we decided to partner with Glints and lead the investment of their Series B.”

The Gunderson Dettmer deal team included David He and Vanessa Ho.