The latest thinking, news and events from the world of Recruitment

Job Board Money, Coming and Going: the Latest News

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Some interesting developments over the past month, including a new round of financials from the publicly-held job boards and some VC money going into the market. Let’s take a look:

Work4 nabs some serious cash:Work4, the Facebook-oriented recruiting platform, has picked up $7 million in Series B funding. It is also now integrated with Twitter and looking at other social platforms. Is Work4Instagram coming next?

TheGoodJobs snags $300K: TheGoodJobs, a tool that spotlights employer culture, nabbed $300K in funding and loans. The company plans to use the cash to increase customer acquisition.

DMGT giving up on online recruiting?: DMGT, the UK-based conglomerate, has sold 3 of its 4 online recruiting properties, including Broadbean, JobRapido, and OilCareers. Inadequate revenue growth appears to be the cause for the exit from the industry, although DMGT still operates Jobsite.co.uk. Too much too soon? Hard to tell.

Doximity raises $54 million: Doximity, the semi-closed social network for doctors, has closed $54 million in Series C funding. It now counts 1/3 of the doctors in the U.S. as its members. They obviously don’t need aspirin at this point.

SOURCE: jobboarddoctor.com

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