Appcast, a Lebanon, NH-based pay-per-applicant job ad exchange, received $5m in funding.
The round was led by Point Judith Capital, with participation from another new investor IrishAngels, and existing investor Baird Capital. In connection with the investment, Sean Marsh, co-founder and general partner of Point Judith Capital, has joined Appcast’s board of directors.
The company, which has raised $7.4m to date, intends to use the funds to develop its technology solutions and expand sales and marketing efforts.
Led by Chris Forman, founder and CEO, Appcast provides a platform that allows companies to advertise open jobs on a ‘pay-per-applicant’ basis across a network of thousands of career and consumer sites. The solution works with all applicant tracking systems and requires no long-term contracts.,
The company also has offices in Cambridge, Mass.