Glassdoor has raised $20 million in venture financing led by DAG Ventures, with participation from existing investors Benchmark Capital, Sutter Hill Ventures and Battery Ventures. The new round brings Glassdoor’s total capital raised to $42.2 million. The company expects to use the additional capital to accelerate international development, invest in new data and recruitment technologies, and hire talent to support its growth.
Glassdoor offers free information on jobs and companies, including salary details, company reviews, and interview questions, posted anonymously by employees and job seekers. It also lets companies maintain a presence on the Glassdoor site. Glassdoor has data on more than 220,000 companies in over 190 countries, including compensation information in the local currency, according to the company.
[Image Courtesy: Glassdoor]