USA, Jobvite Raised $8.25m Venture Capital Funding

Jobvite, provider of innovative recruitment solutions, completed its $8.25m Series B financing round led by new investor ATA Ventures.
The San Francisco-based company had already secured $7.2m in Series A funding in 2007 from CMEA Capital, which also participated in the funding, bringing its total funding to date to $15.45 million.
Jobvite will use the funds to accelerate product innovation and meet growing customer demand. Dan Finnigan, President and Chief Executive Officer of Jobvite was quoted saying: “Our growth this year proves we’re serving a big need and delivering immediate ROI to our customers. With this new investment, the strong additions made to our team this year, and the on-going advancements in our technology, I’m looking forward to what Jobvite will do for our customers”.

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