866-764-TECH(8324) · Subscribe to Application Solution Providers, Inc.News FeedSubscribe to Application Solution Providers, Inc.Comments

Contingent Search Site Gets $5m in New Funding Round

Fresh off its Inc. ranking as one of the 10 fastest growing HR companies on the magazine’s fast 5000 list, BountyJobs is announcing a $5 million round of financing.

Led by Greylock Partners, the latest financing is coming from the company’s existing investors, which also include Accel Partners and Michigan-based RPM Ventures. BountyJobs said it will use the money to expand software and services support for new and existing customers.

“Despite fragmentation and inefficiency in the contingent search market, companies still spend billions of dollars each year on headhunters in the U.S.” said Dave Strohm, partner at Greylock Partners. “By giving companies a free, streamlined way to find and hire candidates through specialized headhunters, BountyJobs is transforming a major sector of the recruiting market.”

BountyJobs provides a marketplace for contingent recruitment, connecting companies that have open reqs with vetted recruiters who bid for the jobs. When a deal is struck, BountyJobs handles the paperwork and billing. Even in the touch economy of the last few years, BountyJobs reported it grew from $1.6 million in revenue in 2007 to $16.2 million last year.

Application Solution Providers, Inc. 866-764-8324

Application Solution Providers, Inc. 866-764-8324

Any software can be installed, maintained, and securely accessed from anywhere. Leverage the latest hosting technologies with a Digital Desktop.™ Consolidate and secure all your business applications and data in custom Hosted Environments.™

Your business applications and managed Application Hosting, Desktop Hosting, Web Hosting, Mail Hosting, Software as a Service (SaaS), Virtual Machines (VM), and Virtual Desktop Infrastructure (VDI) saves time and money.

For managed Application Consulting, Development, Marketing, Hosting, Support, and Training
Call 866-764-8324 · Send an email · Submit an Information Request

    Comments are closed.