Jobvite has raised $8.25 million from ATA Ventures and CMEA Capital. Thus far Jobvite raised $15 million total. Jobvite is basically a recruiting website with a major focus on social networking. Jobvite faces intense competition from LinkedIn which is the dominant social network.
Jobvite designed eRecruitment application software for people to send targeted job invitations for friends in social networks. Invitations can be sent to friends on LinkedIn, Facebook, and Microsoft Outlook. Jesper Schultz is the founder and chief Jobvite.
“This recession is fundamentally changing recruitment, pushing companies to become more cost-effective, innovative and strategic. Companies are looking to the technology industry to make this possible,” stated Jobvite President and CEO Dan Finnigan. “Our growth this year proves we’re serving a big need and delivering immediate ROI to our customers. With this new investment, the strong additions made to our team this year, and the on-going advancements in our technology, I’m looking forward to what Jobvite will do for our customers.”
Pixazza.com is service that connects advertising to images. The company released a press statement about their $5.75 million in funding earlier this week. Investors include Google Inc., August Capital, and CMEA Capital.
Let’s say that you find a picture of a celebrity, Pixazza places a price tag icon on the apparel that they are wearing. Putting your mouse over the price tag reveals an ad that tells you where you can find that product online.
Like.com has a very similar feature where you upload a picture and it e-mails you the place that you can find similar products. Like.com used to be called Riya and it was rumored that Google wanted to acquire that company a couple of years ago.
“Pixazza hopes to do for images what Google’s AdSense did for web pages,” stated Bob Lisbonne, CEO of Pixazza. “We are excited about the potential our technology holds for delivering an engaging user experience that creates incremental revenue for web publishers.”
Pixazza’s angel investors consist of Ron Conway, former eBay COO Maynard Webb, and Facebook CFO Gideon Yu. The company was started by James Everingham. He brought together a team of people that worked on Netscape in the 1990’s to put together Pixazza. The company is based in Mountain View, Calif.
