Funding Daily: Recruitment startup Sonovate raises $22 million

U.K.-based startup Sonovate announced today that it closed a $22 million (£20 million) series A round. Dawn Capital led a $5.5 million investment for Sonovate, while Shawbrook Business Credit provided the remaining $16.5 million in debt.

The startup, which offers “contract management for recruitment businesses,” said it will use the capital to further develop its product and to launch its service in mainland Europe and North America.