Seattle startup AdaptiLab sells maintenance software to CoderPad as founders plan new stealthy business
Seattle-based startup AdaptiLab has sold its tech interview platform to CoderPad, and its founders are planning to launch another new business.
Founded in 2018, AdaptiLab software helps hiring managers interview candidates for machine learning and artificial intelligence roles. It allows users to create coding challenges and get candidate stack rankings. Customers include Pinterest, Convoy, Experian, and others.
CoderPad also offers a service tool designed for potential engineers. The 8-year-old company, which raised funds from Summit Capital last year, will add AdaptiLab to its product line. Terms of the contract are not disclosed.
AdaptiLab raised a funding round of $ 1.8 million in 2019 after graduating from Techstars Seattle. The company was co-founded by James Wu and Allen Lu.
Wu told GeekWire that he and Lu are now working on a new secret society with the support of previous AdaptiLab investors, as well as new backers.
“We plan to do a public launch later this summer,” Wu said. “We are targeting the developer market. The product will be aimed at individual developers and development teams of enterprises and open source projects.
AdaptiLab investors included Bellevue, Wash. Based venture capital firm Trilogy Equity Partners, and angel investors such as Ken Glass, Sarah Imbach, Bharat Shyam and Kirby Winfield.
Karat, SeekOut, Textio, Candidate, and Fizbuz are other Seattle-area startups focused on helping businesses better find employees amid a fierce battle for tech talent.