The Predictive Index, a provider of an employee assessment platform, last week announced it received $50 million in growth-stage capital from venture capital firm General Catalyst provided the investment. The company, whose customers include Nissan and Citizens bank, plans to use the funding to double employee headcount, start a talent optimization industry conference and for other goals.

TechCrunch reported the company was founded back in 1955. Mike Zani, the current CEO, acquired the company in 2014.

“This year, low unemployment and high turnover will further magnify the importance of talent,” said Kirk Arnold, executive in residence at General Catalyst and a new board member at The Predictive Index.

“Having a talent strategy which aligns and supports business strategy is a requirement for any business to be successful,” Arnold continued. “We are impressed by the depth and breadth of The Predictive Index platform and are excited to be working with a team that has such a compelling vision.”

General Catalyst is a former investor in staffing software firm Bullhorn.