SnagAJob Raises $27 Million Led By August Capital

Online job search company has raised $27 million in funding led by August Capital. plans on using the funding to expand operations, increase marketing, and pursue acquisitions. In November, made plans to double their staff. They have about 210 employees as of right now and expects to hit 300 by the end of the year. The company has also moved into a 35,000 square foot office at the Innsbrook Corporate Center in Henrico County, Virginia. Eric Carlborg of August Capital will be joining the board of directors at SnagAJob. Other investors in this round include Adams Street Partners, Baird Venture Partners, and C&B Capital. [Times Dispatch]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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