The Deal
Sunday, November 8, 
7:27 am

Snocap CEO bounces to Glassdoor board

  Share     E-Mail    Discussion    Print Story

rusty-rueff.jpgConsidering that it's named Glassdoor.com, a new company backed by Benchmark Capital isn't very transparent about its goals. Founded by a group of Expedia veterans, Glassdoor promises "a new way of doing things to a category in need of real change," but hasn't revealed any details about its product.

Most of its co-founders and five board members have spent considerable time in the online travel industry, but one person hasn't. The outsider is Rusty Rueff (pictured), late of music fingerprinting and commerce technology developer Snocap Inc., which was sold last month to social music site Imeem Inc. Rueff joined Snocap as CEO in late 2005 and presided over its partnership with MySpace, which allowed the social networking site's millions of artists to sell music directly to consumers.

Rueff joins Glassdoor's board alongside former Expedia CEO Erik Blachford and TripAdvisor chief Stephen Kaufer. Glassdoor co-founders on the board are CEO Robert Hohman and nonexecutive chairman Rich Barton, an Expedia founder who also serves as CEO of real estate site Zillow.com.

Glassdoor remains stealthy about its goals, but has apparently been around long enough to take in a $3 million Series B round from Benchmark Capital on top of a seed round from its founders. Barton is a venture partner with Benchmark. - Paul Bonanos

See press release from Glassdoor
See April 7 post from Tech Confidential about Snocap and Imeem
See Oct. 2007 post from Tech Confidential concerning Rich Barton

Continue reading below

Also on Dealscape





Post a comment




The Deal Pipeline

Deal Video


Inside The Deal: Linklaters' Schmidt says how regulators handled Pfizer Inc.'s acquisition of Wyeth is an outlier of how others merger reviews will be conducted.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Dealing with frozen bank lending

If your bank is not willing to lend, what can you do as your company continues to seek growth?


Judgment Call

The coming age of the renminbi

The Chinese currency will play an increasingly important role in international commerce and finance.


Industry Insight

Banking on PE investments

Howls of protest greeted the FDIC policy statement, but the financial services industry should get over it.



©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.