The additional capital is expected to be used to further accelerate the company’s growth by investing in international expansion, more data and advertising technology, and hiring. The investment comes on the heels of a pivotal growth year in which traffic grew nearly 150 percent over 2009 and Glassdoor expanded its product suite for job seekers and employers. In the two and half years since Glassdoor entered the market, it has grown to welcome 3.5 million monthly unique visitors and maintains employee-generated data, including company and compensation data in national currencies, on more than 110,000 companies in over 100 countries.
No other career-focused website offers the depth and range of data that Glassdoor does about specific jobs at specific companies – all for free. In addition to providing access to millions of job listings provided through several leading job sites and listing partners, Glassdoor offers users important company information provided by actual employees and job candidates, including company reviews and ratings; salary details for specific job titles; interview reviews and questions; office photos; and CEO approval ratings. To access Glassdoor’s full database, users simply need to "give to get" and contribute some job-related data of their own.
In the past year, Glassdoor introduced two key features that are contributing to its growth, including JobScope™ search technology that allows job seekers to quickly scan a company’s rating, read company reviews and see compensation ranges directly from each job listing. The company also introduced Enhanced Employer Profiles that make it easy and cost-effective for companies to reach target job seekers and highlight employment attributes by expanding on the basic background and popular user-generated content that already exists for each company on Glassdoor.
About Battery Ventures
Since 1983, Battery has been investing in technology and innovation worldwide. The firm partners with entrepreneurs and management teams across technology sectors, geographies and stages of a company’s life, from start-up and expansion financing, to growth equity and buyouts.
Battery has supported many breakthrough software and digital media companies, including: Akamai Technologies, Inc., Infoseek (acquired by Disney), Internet Brands and Omniture (acquired by Adobe). Current companies in Battery’s portfolio include: Angie’s List, Bazaarvoice, Gogobot, Groupon, Jelli, SafetyWeb, and Skullcandy.
Glassdoor.com is a registered trademark and JobScope is a trademark of Glassdoor, Inc.
SOURCE Glassdoor Inc.