Job listings website Simply Hired has raised $12m in an IDG-backed series D round that brings its overall funding to more than $34m.
US-based job search engine website Simply Hired has secured $12m in series D funding from investors including IDG Ventures, the corporate venturing arm of publishing company IDG.
Venture capital firm Foundation Capital and investment banking firm City National Bank also took part in the round. Simply Hired has now raised more than $34m since it was founded in 2005, and IDG first invested in its 2009 series C round, which raised $4.6m.
Simply Hired operates job search engines in 24 countries, showcasing more than six million job listings across 12 countries. The website also offers a pay-and-click model for its advertisers.
The new funding will be used to back research and development in vertical search technology, data sciences and job seeker user experience, as well as to increase sales growth in the US.
