Identified.com Raises $21M in Series B Financing

Identified.com, a San Francisco, CA-based career site for young professionals, has raised $21m in Series B financing.

The round was co-led by VantagePoint Capital Partners and Capricorn Investment Group, with participation from previous investors Tim Draper, Bill Draper and Innovation Endeavors.

The company intends to use the funding to expand the team – with a focus on game designers to develop the user experience and data scientists to manage its database. Identified is also developing enterprise solutions for companies to leverage its platform for recruiting, branding, sales, advertising and business intelligence tools.

In conjunction with the funding, Bill Harding, managing director from VantagePoint, will join Identified’s Board of Directors.

Founded in 2010 by Brendan Wallace and Adeyemi Ajao, Identified is a career site for young professionals aged 18-29. It uses Facebook connections to let users create professional profiles on a separate platform. Identified analyzes the work history, education and demographic data of Facebook users, and tracks the hiring behaviors of thousands of companies to produce an Identified Score for people, companies and schools.

FinSMEs

06/06/2012

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