2015 - Press Releases
RealMatch Closes $8 Million in Additional Funding to Fuel Rapid Expansion
Company Well-Positioned to Change the Landscape in Online Recruitment
RealMatch, the leading provider of performance-based recruitment advertising solutions, announced today it has closed an additional $8 million in venture capital funding as part of a Series C-1 round led by Edison Partners with participation by Orix Ventures and Carmel Ventures.
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RealMatch is on a mission 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.
“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” said Jonathan Bulkeley, Chief Executive Officer at RealMatch. “Additional funding from existing and new investors further validates our model and will help us secure the leadership position in the market.”
David Nevas, Principal at Edison Partners noted, “RealMatch offers the only solution that addresses the profound inefficiencies that have plagued the online recruitment market for years. The company is well-poised to become a market leader, and our additional investment is intended to help the company accelerate its rapid expansion in the market.”
The company’s revolutionary job matching platform, vast network reach, and real-time performance management capabilities outperform traditional job boards and job aggregator sites by delivering significantly more qualified applicants for employers and a much more rewarding and engaging experience for job seekers.
“RealMatch’s rapid growth continues to validate the company’s vision and the market demand for their pioneering technology," added Ronen Nir, General Partner, Carmel Ventures. “We look forward to our continued support in the company.” Carmel Ventures made its initial investment in RealMatch in 2010.
“We are very excited to have the opportunity to invest in RealMatch at this stage of the company’s growth,” said William Bishop, Managing Director and Co-Head, Orix Ventures. “We immediately realized the immense value RealMatch brings to the lucrative online recruitment market and the company’s potential to disrupt the market.”
When asked how the company will use the funds, RealMatch’s Chief Financial Officer, Ezra Sofer, stated 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.