Jobvite Closes $25M Funding Round
Recruiting solution Jobvite announced Tuesday that it closed a $25 million series-D funding round, which was led by Catalyst Investors, with participation from existing investors CMEA, ATA Ventures and Trident Capital.
Recruiting solution Jobvite announced Tuesday that it closed a $25 million series-D funding round, which was led by Catalyst Investors, with participation from existing investors CMEA, ATA Ventures and Trident Capital.
Facebook is an important part of Jobvite’s platform, as the company said:
- 65 percent of recruiters use Facebook to recruit.
- 65 percent of those recruiters use Facebook to showcase their employer brands, while 51 percent use the social network to generate employee referrals.
- 76 percent of social job seekers found their current positions on Facebook.
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