US-based recruitment firm Kula secures $12 million seed funding

US-based recruitment automation platform Kula has secured $12 million in a seed round co-led by Sequoia Capital India and Square Peg Capital. The funding round also saw the participation of existing investors like Venture Highway and Together Fund. The fundraise, which comes within six months of a pre-seed announcement, took the total funding to $15 million ahead of product release.