Job boards with vc funding
Submitted by eric shannon on April 23, 2008 - 12:56pm.
You can still start up a job board in the spare bedroom and work like the devil. But, Venture Capitalist firms have been backing job boards for years and with the right pedigree or a prior success in an employment related business, VC money might be waiting for you. Venture-backed job boards may also benefit from the business experience and resources of the backer along with the cash. Either way, you'll work like the devil to succeed.
Here is a list of vc backed job boards and their backers:
- Jobing.com launched in 2000 is backed by Great Hill Partners and JMI Equity. The nation's largest locally-focused job site serving Arizona, California, Colorado, Florida, Texas, New Mexico, Nevada, and Wisconsin.
- SnagAJob.com launched in 2000 raised a $5 million Series B funding in 2008 and a $9 million Series A round in 2006. Backers include Adams Street Partners, Baird Venture Partners and C&B Capital. Targets part-time and hourly jobs.
- TheLadders.com was founded in 2003 with funding by the venture capital firm Matrix Partners and other private investors.
- Indeed.com a vertical job search founded in 2004 received a $5 million investment from the New York Times, Union Square Ventures, and Allen & Company.
- Jobster.com recently announced that they raised a $7 million fourth round "D" round from Ignition Partners, Trinity Ventures, Mayfield Fund and Reed Elsevier Ventures brings financing which brings total to $56 million. Their initial investment and start up capital came from Ignition Partners.
- onTargetjobs launched in 2005 with backing from Warburg Pincus, onTargetjobs is a roll-up of leading niche internet job sites.
- Trovix.com launched in 2005 with a $5.25 million round of Series A financing from USVP, 3i and Stanford -- but lists Granite as well on their wesbsite under investors. Personalized job matching technology.
- H3.com raised Series A funding in 2005 totaling $3.5 million from Draper Atlantic and The Grosvenor Funds. They recruit top talent by offering a $10,000 referral reward to your social network.
- Doostang.com launched in 2005 with $1 million in angel money and in 2007 closed its $3.5M series A round of funding from Shasta Ventures. An invite only career community for top talent.
- SimplyHired.com was started in 2006 with $10 million from VC Foundation Capital and $3.5 million from Fox Interactive Media.
- WorkMetro.com was begun in 2006 with Venture Capital backing and veteran venture capitalist, Joe Horowitz at the helm. WorkMetro was acquired by Jobing.com in early 2008.
- JobFox.com has raised $40 million in venture capital funding since its launch in 2007 including $20 million in its third round of financing led by Draper Fisher Jurvetson and including Menlo Ventures and New Enterprise Associates.
- Beyond.com, a software provider for niche online job sites, received a $13.5 million Series A funding in 2007 from Safeguard Scientifics Inc to grow its network.
- StandoutJobs launched in 2007 from Montreal with backing from from Canadian VC Austin Hill and $2M from INovia Capital - company builds corporate recruiting areas for company web sites.
- RiseSmart launched in 2007, landed $1.5 million from private investors Craig Stamm, best known as the former chief financial officer for CareerBuilder, Mark Hamdan, founder and chief executive officer of HRsmart, and executive Louis Ramery of Sears Holdings Corp. Another $100k plus job service that charges execs.
- Itzbig.com founded in 2008 raised $4M in Series A funding from Rho Ventures and Sevin Rosen Funds to fuel their matching job board that allows workers to search anonymously avoiding the prying eyes of current employers.












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