Jobster Receives $18 Million More in VC

Jul 21, 2006


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Jobster, which helps employers recruit online, has raised $18 million more in venture capital and is launching a service for employees. The Seattle company has now raised $48 million.

The revenue announcement comes on the heels of the launch of Jobster's new website, which went live Thursday. The site allows job seekers to search for an opening by job title and city. The results are pulled from numerous sites, including Monster.com, Craigslist, and others. Questions range from the type of music someone likes to what they can walk to from their office or see from their desk. For now the comments are limited to specific topics. The $18 million in new funding comes from the venture arm of Reed Elsevier, the London publishing company that owns LexisNexis, Harcourt, Holt, and Reed. Also participating in the third round of capital were existing investors Ignition Partners, Mayfield Fund, and Trinity Ventures.

(www.jobster.com; www.reedelsevier.com)