Jobfox Secures $20M In Funding

Former CareerBuilder Head Cites Record Sales

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[ Business]

Jobfox.com – yes, another job site – is having a good year so far. Record 2007 sales and third round financing pulling in $20 million from investors, the company plans to double its US sales and support offices.

Investment firm Draper Fisher Jurvetson led other investors, which includes Menlo Ventures and New Enterprise Associates.

Jobfox is headed up by CEO Rob McGovern, who founded and was CEO of CareerBuilder, the most widely used job site on the Internet.  "The rapid growth of Jobfox is due to the tremendous receptiveness from job candidates and corporate recruiters," said McGovern.

Jobfox plans to open new offices in Chicago, Dallas, Houston, Los Angeles, New York, and Seattle. The company says it also is planning international moves, thanks to an alliance with Australia’s Fairfax Digital, which owns national job board MyCareer.

Jobfox Secures $20M In Funding
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