Glassdoor Raises $70M in Financing

glassdoorGlassdoor, Inc., a Mill Valley, Calif.-based jobs and career marketplace, raised $70m in financing.

The round was led by Google Capital and existing investor Tiger Global Management with participation from existing investors Battery Ventures and Sutter Hill Ventures.

The company has raised approximately $160m to date.

Launched in 2008 by Robert Hohman, CEO, Glassdoor combines free and anonymous reviews, ratings and salary content with job listings to allow job seekers to find jobs and address critical questions that come up during the job search, application, interview and negotiation phases of employment. For employers, it offers Glassdoor for Employers, which features a variety of recruiting advertising products and a proprietary analytics dashboard to manage their employer brand; engage with job seekers and employees; and create targeted recruiting campaigns to hire people. Its Free Employer Accounts allow enterprises to manage sections of their profile and comment on employee and candidate reviews.
Glassdoor, which has more than 27 million members and content from more than 190 countries, also operates job apps on iOS and Android.

The company, which currently has more than 2,000 employer clients, including such brands as Chevron, Cigna, Dell, Enterprise Rent-A-Car, Facebook, Goldman Sachs, Groupon, HP, Intuit, Procter & Gamble and Twitter, recently launched its first non-English website and mobile apps in France and is planning to launch in more non-English speaking markets in 2015 and beyond.
It currently employs approximately 350 people and is currently hiring.

FinSMEs

06/01/2015

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