January 2024
Ceipal Promotes Finance and Operations Executive Dennis Farkos to President and Chief Financial Officer

Ceipal, a leading AI-driven total talent acquisition and automation platform, has elevated Dennis Farkos to the role of President and Chief Financial Officer. In his pioneering role, Farkos will spearhead the company's next growth phase by managing daily operations.

Ceipal's founder, Sameer Penakalapati, will maintain his role as Chief Executive Officer and Board Chairman, with a focus on boosting market presence and branching into new sectors.

"Dennis has been an exceptional leader since he joined Ceipal as Chief Financial Officer in February 2023," stated Penakalapati. "His strong business acumen and people-first leadership style are key to setting our team up for enduring success. His expertise in finance and operations is crucial as Ceipal aims for rapid growth to achieve our 2024 business objectives and beyond."

Bringing over twenty years of experience in growing venture-backed tech companies, Farkos has formerly served as Chief Financial Officer at Panopto, Carnegie Innovations, and Confluence. His notable contributions have earned him recognition as “CFO of the Year” by the Pittsburgh Business Journal.

Farkos commented,"Ceipal is uniquely positioned to drive significant global growth within the staffing software sector this coming year. Staffing and recruiting firms worldwide depend on our seamless, AI-enhanced software to discover top talent, forge stronger candidate relationships, and drive their business success. As President and CFO, I am dedicated to promoting operational excellence throughout our organization to ensure we deliver outstanding service to our customers."

About Ceipal

Ceipal is staffing software crafted by industry insiders. We have a history of crafting customizable software solutions and innovating the future of human resources and talent acquisition with accessible, cutting-edge technology since 2015. With a deep understanding of the sector’s intricacies, we developed a solution born out of necessity. We strive to help businesses grow and achieve their goals with our powerful but easy-to-use products and tools.


About Camden Partners

Founded in 1995, Camden Partners is a growth equity firm that helps the management teams of enterprise software and technology-enabled services companies scale their businesses. Camden has invested in 86 companies across six funds and is known for providing creative and flexible growth capital through two investment strategies: Structured Capital and Growth Equity. The firm’s partners leverage deep domain expertise and a network of operating executives to help management teams grow revenue and cash flow.


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