DeveloperAuction is a company that lets you receive over 5 job offers from venture capital backed startups during a two week auction. Each auction takes place on designated days and tend to last about a week. The company launched in order to disrupt the recruiting industry and provide better ways for talented developers to get exposure. So far, DeveloperAuction hosted around $225 million worth of job offers.
Today DeveloperAuction announced that they have raised $2.7 million in funding led by New Enterprise Associates and Sierra Ventures with participation from Google Ventures, SoftTech VC, and Crosslink Capital. DeveloperAuction will feature around 300 auctions per month and only the top talent will be sold to the highest bidder. Each developer will get an agent to guide them through the process. If a developer gets a job through DeveloperAuction, the company will pay out a signing bonus.
Based in San Francisco, DeveloperAuction was founded by Matt Mickiewicz (99designs founder), Douglas Feirstein (LiveOps founder), and Allan Grant (Curebit co-founder).