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Universum Development Acquires Doostang, the Leading Global Career Network for Young Professionals

PALO ALTO, Calif. July 12, 2011

http://photos.prnewswire.com/prnh/20110712/PH32697LOGO

Founded in 2005, Doostang is one of the largest career networking platforms for young business professionals in the world, with over 900,000 members.  Members join Doostang to get exclusive access to over 15,000 hand-picked positions with thousands of prestigious employers across finance and investment, consulting, media, and technology industries specifically targeting high-achieving students and graduates of leading academic institutions.  

Lars-Henrik Friis Molin Petter Nylander

Jeff Berger San Francisco

Doostang members can access the Doostang community and their personal Facebook friend network to identify and leverage inside connections at the employers they want to work for. Unlike LinkedIn, Doostang does not charge employers to post jobs, allows its members to contact any other member for free, and automatically highlights any shared affiliation between individuals such as a common undergraduate university or former employer.  These social connections have proven invaluable to thousands of members who have successfully advanced their career on Doostang.  

Chuck Taylor

Doostang is partnered with career centers at leading undergraduate and graduate business schools across the globe, as well as leading professional associations such as 85 Broads, a globally recognized network of trailblazing, career-minded, multigenerational women graduates and students of the world’s leading colleges, universities, and graduate schools. Doostang had raised capital from Shasta Ventures, a leading venture capital firm in Silicon Valley.

About Universum Group:

www.universumglobal.com

About Doostang:

www.doostang.com

Media Inquiries:

Jeff Berger [email protected]

Jonas Barck [email protected]

SOURCE Universum Development

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