Red Herring

THE BUSINESS OF TECHNOLOGY

  • Startups
  • Mobile
  • Enterprise
  • Consumer
  • Social
  • Events

Glassdoor grabs $70m funding round

January 6, 2015

Careers marketplace and former Red Herring Top 100 winner Glassdoor has raised a $70 million round of financing led by Google Capital and Tiger Global. Previous backers Battery Ventures and Sutter Hill Ventures also participated. Glassdoor provides anonymous user-generated reviews of workplaces, giving potential hires a transparent view of hiring companies. The content, which includes ratings and salary information, covers more than 340,000 companies. Glassdoor has now raised $160 million in financing to date. “We’re extremely impressed with Glassdoor’s trajectory and the team behind it. With a $90 billion global recruiting and employment market, there’s enormous opportunity for growth,” said Laela Sturdy, partner at Google Capital. “Glassdoor’s jobs database, advanced search tools and growing global audience are attracting both job seekers and employer advertisers. We’re excited to work with Glassdoor as they help companies increase the effectiveness of their recruiting — and help more and more people find great jobs.”

Health and fitness app Noom has secured a $15 million round of funding. The New York-based company has now raised at least $24.6 million in funding and its latest round saw contributions from TransLink Capital and RRE Ventures, Fortune reports. The funds will be used for “research and development, general corporate and working capital purposes, some of which may include salaries and/or other compensation paid to executive officers in the ordinary course of business,” according to an SEC filing.

Reonomy, a commercial real estate data analytics startup, has closed a $13 million Series B funding round led by Bain Capital Ventures. SoftBank Capital, Resolute Ventures, High Peaks Venture Partners, KEC Ventures and FinTech Collective, all previous backers, participated. “Since founding Reonomy 18 months ago, we have built an industry-leading technology platform that provides critical data and proprietary information to commercial real estate investors, lenders and brokers,” said Rich Sarkis, Reonomy CEO and co-founder. “We plan to use this capital to grow our team to continue to meet this demand and to expand into new domestic and international markets. Bain Capital Ventures is the ideal partner to help us with our next phase of growth,” he added.

X.ai, a tool which helps people to organize meetings, has raised a $9.2 million Series A round, the Wall Street Journal reports. FirstMark Capital, Pritzker Group Venture Capital and CrunchFund led the financing, with participation from previous backers IA Ventures, SoftBank Capital and Lerer Hippeau Ventures. The company’s offering, which is still in beta, allows users to simply CC in a virtual assistant into an email, which then arranges a meeting on the user’s behalf.

 

  • 
  • 
  • 
  • 

Filed Under: Finance, Investment Round Up, Startups

Related Articles

  • Musk Sell Further $3.6bn Worth of Tesla Shares 
  • Cryptocurrency Markets Reel Following FTX Collapse 
  • Snap cuts 20% of Workforce in Restructuring Effort 

Widget Spacer

Top 100

The Red Herring Top 100 awards highlights the most exciting startups from Asia, Europe and the Americas.

Learn More

Upcoming Events

  • Top 100 Asia

  • Top 100 North America

  • Top 100 Europe

Widget Spacer

Guest Column

What is a Learning Management System?

Rouben David, of CourseForMe.com, outlines the features and benefits of

Widget Spacer

Subscribe

Subscribe now to get event news and updates delivered right to your inbox:

Widget Spacer

#DigitalHerring Tweet

My Tweets
  • About
  • Press & Media
  • Contact Us
Red Herring LinkedInRed Herring Facebook

Copyright © · Red Herring, Inc.

Copyright © 2023 · Red Herring Theme on Genesis Framework · WordPress · Log in