Glassdoor operates a job-search platform centered on peer reviews of employers. The article reports a new funding round of $40M for the company. That raise is reported to have valued Glassdoor at around $1 billion. The piece does not provide additional operating metrics such as revenue or user counts. The funding news was presented as an item in TechCrunch's Crunch Report covering tech industry stories. Glassdoor operates a jobs-review site and recruiting platform that lets employees rate their companies' work environment and anonymously disclose salary information. It also runs one of the largest job search and recruiting platforms with 27 million members and about 2,000 companies using its branding and recruiting tools. Over 31,500 companies use Glassdoor's Free Employer Accounts to respond to reviews, and users have generated more than 7.5 million reviews, ratings and salary reports covering over 340,000 companies in more than 190 countries and territories. The company recently launched its first non-English site and apps in France and has been investing heavily in its meta-search engine for jobs and other employer-focused products. Glassdoor said it doesn't have specific plans for the new funding, stating the capital is intended to provide flexibility to grow and expand internationally. It also plans to hire over 100 people this year. Glassdoor is a Sausalito, CA-based jobs and career community offering job listings and proprietary user-generated content, including company-specific salary reports, ratings and reviews, CEO approval ratings, interview questions, and office photos. The service also surfaces Inside Connections via members' Facebook networks and provides mobile apps on iOS and Android. The company reports more than 22 million members and data on nearly 300,000 companies across 190 countries, and it employs approximately 200 people. Glassdoor plans to use the new capital to expand its team, accelerate international expansion, and further invest in its products. Founded by Robert Hohman, Rich Barton, and Tim Besse, the company is focused on growing its community and product offerings globally. Glassdoor operates Glassdoor.com, a career and jobs community that provides insider insights on compensation, company and interview reviews from employees and job candidates, plus actual interview questions and workplace photos. The company intends to use new capital to accelerate international development, invest in new data and recruitment technologies, and hire talent to support growth. It reported more than 14 million registered users and data on more than 220,000 companies in over 190 countries. The company was founded in 2007 by CEO Robert Hohman and is based in Sausalito, CA. As of this round, Glassdoor has raised a total of $42.2M to date. The financing reported here is an additional $20M in venture financing. Glassdoor is a free jobs and career community that aggregates employee-generated data on employers, compensation, and interview experiences. Users can access the site’s database but are asked to contribute some job-related data to view the full content, creating a community-driven model. The company launched in 2008 with 250 companies and 3,000 reviews and now hosts data on more than 110,000 companies across over 100 countries. It attracts roughly 3.5 million monthly unique visitors. Glassdoor uses its anonymous data to publish job-market insights and editorial content. The company plans to use new funding to invest in international expansion, additional data and advertising technology, and hiring.

Total raised

$202M

Funding rounds

7

Latest round

Equity

Latest activity

Jun 2016