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Tuesday, November 24, 
6:09 pm

Glassdoor swings with $6.5M

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glassdoor.JPGFour months after emerging from stealth mode, career Website Glassdoor.com announced $6.5 million in Series B financing led by Sutter Hill Ventures.

The round included a follow-on investment from previous investor Benchmark Capital, whose managing director Jim White joins the startup's board. Benchmark provided Glassdoor's $3 million Series A round in November 2007; seed funding came from co-founders Robert Hohman, who is the startup's CEO, vice president of marketing Tim Besse and non-executive chairman Richard Barton.

Glassdoor is free and strictly anonymous, although a user has to provide a valid e-mail address and contribute a review in order to gain access to the site. During its pre-launch phase, the site collected 3,300 reviews about 250 companies. Since it launched in June, the company claims that its site's "employee generated content" has grown to more than 110,000 contributions for 14,000 companies. -- Olaf de Senerpont Domis

See Oct. 28 press release on Glassdoor's Series B from PRNewswire
See June 11 post on Glassdoor's unveiling from Tech Confidential 

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