Thursday, December 13, 2007

Jobvite Raises $7.2M For Recruiting Software

San Francisco-based Jobvite said this morning that it has raised $7.2M in a Series A funding, from CMEA Ventures. Jobvite is developing a Web 2.0, recruiting application for managing recruiting and hiring. According to Jobvite, Jim Watson and Saad Khan of CMEA both join the company's board in conjunction with the funding. The firm said the investment will be used to expand its product development, marketing, and sales efforts. More information »