Celential.ai, which matches software engineers with jobs, raises $9.5M

– AI-powered software engineering recruitment platform Celential.ai today announced that it raised $9.5 million in series A funding.
– It comes as Celential appoints Amer Akhtar, former Yahoo small business president and ex-CEO of ADP China, as the company’s new CEO.
– Ncube estimates that sometime this year, the software industry will experience a shortage of 1.4 million engineers. Meanwhile, the employment of software developers is projected to grow 21% from 2018 to 2028. The cost of hiring will likely remain substantial as a result. On average, it takes 42 days to fill a job position, during which companies can face a productivity loss of $33,251.