JIBE Raises $10 Million In Series B

Posted Feb 6, 2013

JIBE is a mobile job applications startup company that has raised $10 millin in Series B funding led by Longworth Venture Partners.  Existing investors like Polaris Partners, Lerer Ventures, DFJ, DFJ Gotham, and Thrive Capital have joined this round also.  JIBE used to be known as a company called localbacon.  

They started as a job board that charged recent college grads $0.99 to apply for positions.  Less than a year later, the company changed their name and focused on making it easier to apply for a job from smartphones and tablets.

JIBE plans to use the funding to hire new engineers and salespeople.  The company said that Q4 2012 was the company’s best quarter ever.  Some of the partnerships that they made in 2012 include AT&T, P&G, and Walmart.

[Source: TechCrunch]