San Antonio-based TrueAbility Lands $2 Million in Funding

images-11The year-old San Antonio startup TrueAbility, which tests people for their technical aptitude, closed on $2 million in funding led by Austin Ventures.
The company, founded by former Rackspace employees, also received money from the Cloud Power Seed Fund 2013, a special San Antonio fund set up to invest in TechStar Cloud companies.
TrueAbility previously raised $750,000 from Rackspace Chairman Graham Weston and Rackspace co-founders Patrick Condon and Dirk Elmendorf.
The company now has 10 employees and is set to double in size this year, said Frederick “Suizo” Mendler, co-founder and Chief Operating Officer. The company plans to spend the money to further develop its technology platform, AbilityScreen, which tests job candidates for skills as Linux system administrators and for other technical skills, he said. The company will also hire a marketing director and spend money on marketing and advertising.
“TrueAbility has codified a process that is vital to the rise of a new technical workforce that we are seeing emerge,” Thomas Ball, Austin Ventures General Partner, said in a news statement. “The founding team brings a wealth of technical hiring knowledge and a platform that is easy to deploy and scale worldwide.”
Ball will also be joining the TrueAbility board.
TrueAbility plans to continue to maintain its offices at Geekdom, a San Antonio-based coworking site. In addition to Mendler, the other co-founders are Marcus Robertson, Luke Owen and Dusty Jones. The company won Startup Weekend San Antonio a year ago. It also was a finalist in the South by Southwest Accelerator competition and it graduated from the TechStars Cloud program last Spring.
“Without Geekdom we would not have gotten this far,” Mendler said.
Three weeks ago, TrueAbility launched its Ability Screen product officially. Its customers include Rackspace, WPengine and BazaarVoice. The company makes money by matching job candidates with employers. For each successful placement, TrueAbility gets a fee.

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