Glassdoor.com lands $6.5 million
Career information site receives its second round of funding amid a tough economic climate.
Glassdoor.com has picked up $6.5 million in second- round funding, the career information site said Monday.
Sutter Hill Ventures led the round, with follow-on investment from Benchmark Capital. With this latest round, Glassdoor.com has raised a total of $9.5 million in venture funding.
Glassdoor.com lets people anonymously share real-time information about specific jobs at various companies, the salaries for those positions, the work environment, benefits, and a CEO approval rating.
The site rolled out its beta in June and has grown to 110,000 contributions for 14,000 companies in various industries. The U.S. cities with its most active user bases include New York, San Francisco, and Chicago.
"In the face of these tough economic times, this additional financing allows us to continue to grow the Glassdoor community and advance our product and business around the globe," Robert Hohman, Glassdoor chief executive, said in a statement.