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Industry News

 

Jobfox Expanding Sales and Support Offices to Top 10 U.S. Markets After Record Sales

Friday January 11, 2008

 

McLean, Va. — Jan. 8
Jobfox, a Web site that matches candidates with jobs, announced 2008 plans to more than double the company's U.S. sales and support offices — coast-to-coast — in response to growing demand among job seekers and corporate recruiters. Jobfox also reported record sales in 2007, a new round of venture capital funding and plans to expand its operations in Australia.

"The rapid growth of Jobfox is due to the tremendous receptiveness from job candidates and corporate recruiters," said Jobfox CEO Rob McGovern, who is also the founder and former CEO of CareerBuilder. "Jobfox will also continue to accelerate its pace of new innovations that deliver breakthrough experiences for job seekers and dramatically better return of investment for employers."

Jobfox in December raised $20 million in its third round of financing and closed 2007 with record sales growth. Draper Fisher Jurvetson led the $20 million financing round that included Menlo Ventures and New Enterprise Associates (NEA).

With sales and support offices already serving the metropolitan areas of Atlanta, Boston, San Francisco and Washington, D.C., Jobfox will open new offices in Chicago, Dallas, Houston, Los Angeles, New York and Seattle. With new regional offices in place by the first half of 2008, McLean, Va.-based Jobfox will have a sales and services footprint in each of the nation's top 10 job markets.

Jobfox also will grow internationally after completing a strategic co-branding alliance with Australia's Fairfax Digital, a multimedia company that owns the national job board MyCareer. In the agreement, Jobfox's proven technology will be incorporated into MyCareer in early 2008.

For more info: http://www.jobfox.com