SimplyHired Raises $8 mm
This news in today:
Simply Hired Inc., a Mountain View, Calif.–based operator of an online employment search engine, has secured $8 million of a $14 million Series C funding round. Foundation Capital led the deal, while return backers include Rajeev Motwani, Leslie Murdock and Guy Kawasaki.
Seems like the SimplyHired / Indeed rivalry will be kept alive and kicking by the venture community for some years to come. Both teams, with their "Google of the jobs space" approach to the online recruitment market, have attracted a lot of attention to our little industry.
In recent months, SimplyHired has seemed to pull ahead of Indeed in the traffic race, and I think this fund-raising gives them a big boost of energy in the momentum game.
What will the boys at Indeed do to turn the tide back in their favor?
