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Inscape Software which is previously known as HR Alloy, has raised an amount of $7 million in the second round of funding. The Montreal, Canada based company provides an exclusive on-demand platform that let users and their partners to design and implement evaluation processes for recruitment, employee development and succession needs.

The round was lead by Solidarity Fund QFL along with the backers which include Rho Canada Ventures, Rho Investment Partners Canada and Garage Technology Ventures Canada.

Following is the press release regarding the round of funding:

Inscape Software (formerly HR Alloy), a leading provider of on-demand integrated assessment solutions, announced today that it has previously this summer secured $7 million in series B funding led by Solidarity Fund QFL (the “Fund”), an important labor-sponsored investment fund dedicated to investing in the economic development of Quebec. Series A investors Rho Canada Ventures, L.P., Rho Investment Partners Canada, L.P. (”Rho”) and Garage Technology Ventures Canada L.P. (”Garage”) also participated. Fund’s participation is now held by one of its wholly-owned specialized investment funds.

Inscape Software will use the funding to continue the development of its innovative software-as-a-service (SaaS) platform that helps organizations author and deploy selection, employee development and succession assessment solutions. The company’s clients include corporations, human capital management consulting firms, and leading psychometric test publishers.

“We’re delighted to have the Fund, Rho, Garage and their network supporting us,” said Inscape Software CEO Francois Plamondon. “The new funding will help us to continue the development of our technology that is designed to help our clients make science-based staffing decisions for hiring, employee development and succession purposes. No longer will they have to wait months to deploy a fully branded assessment process. They will be able to do so in a matter of hours.”