RealMatch, which provides performance-based recruitment ad solutions, announced today it has closed $8 million in venture capital funding as part of a Series C-1 round. The financing round was led by Edison Partners with participation by Orix Ventures and Carmel Ventures.
RealMatch seeks to disrupt the highly fragmented online recruitment industry, with the most advanced job matching technology and the only performance-based recruitment advertising network, designed to connect employers and job seekers across the web, in the most efficient manner possible.
Founded in 2007, RealMatch is headquartered in New York with its development center in Kfar Saba.
RealMatch CEO Jonathan Bulkeley said, “RealMatch has quickly become a dominant player in the recruitment advertising space with innovative technology and strong partnerships with leading digital publishers who provide access to a vast pool of employers and talent that reside in their online communities. Additional funding from existing and new investors further validates our model and will help us secure the leadership position in the market.”
RealMatch CFO Ezra Sofer said that the proceeds of this round will be used to support growth in all fields of operations including investment in new products and services to meet the demand for existing and new channels.
Published by Globes [online], Israel business news – www.globes-online.com – on January 19, 2015
Copyright of Globes Publisher Itonut (1983) Ltd. 2015