Glassdoor nabs $6.5 million |
Connect with TechFlash on our Facebook page for all the latest technology news headlines and commentary, plus information and access to special events, photos from events, promotions and more.
Today On Techflash
- Paul Allen's Vulcan wants taller South Lake Union buildings
- Apple seen unveiling iPad 3 in first week of March
- Microsoft, Apple speak out on patents amid mobile-technology wars
- What's the most you'll pay for an app? Execs have their limits
- Startup seeks a new start: What's next for EquaShip?
- WTIA announces Industry Achievement Award finalists
- Hey recruiters: Here's an R&D lab run by, and for, students
- Can Microsoft overcome the smartphone app gap?
- Keiretsu Forum NW invested $24 million in 36 startups in 2011
- Daptiv cuts staff; CEO Franklin departs
- Daptiv is latest tech company to cut jobs
- Daptiv's Pancottine resigns as company seeks new CEO
Mass High Tech
Glassdoor nabs $6.5 million
Zillow.com may be trimming back. But another Internet startup with ties to Zillow co-founder Rich Barton is expanding with a fresh round of capital.
Glassdoor.com, a Sausalito, Calif.-based company that allows employees to rate and review their employers, has raised $6.5 million in a second round of funding from Sutter Hill Ventures and Benchmark Capital. In the past four months, Glassdoor said it has compiled more than 110,000 contributions related to 14,000 companies.
More than 500 reviews have been submitted about the Microsoft workplace, while Amazon.com has attracted about 170 reviews. Meanwhile, Microsoft CEO Steve Ballmer has an approval rating of 45 percent on the site, while Amazon.com founder Jeff Bezos has a 66 percent approval rating.
Glassdoor CEO Robert Hohman, who worked with Barton at Expedia, said the new cash will help the company grow the online community.
"In this business climate, people are hungrier than ever for information about jobs and workplaces. We're improving the breadth, depth, and quality of our content to help employees as well as working to support the growing interest we're seeing from employers," said Hohman in a press release.
VentureBeat has more details, noting that the company has now raised $9.5 million. Glassdoor isn't the only startup looking at new ways of compiling salary data, with Seattle's PayScale also trying to make waves in this arena.
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
TechFlash Team
Recent Sponsor Posts
Who's creating today's energy efficient buildings? Find out at the BetterBricks Awards, Feb. 16
BetterBricks Awards salute the individuals leading the way for high performance commercial buildings with an emphasis on energy efficiency. Join us as we recognize these standout green building professionals.
Award categories include: Advocate; Architect/Designer; Facility Manager/Operator; and Owner/Developer.
Keynote Speaker: Kevin Kampschroer, Director of U.S. GSA's Office of Federal High Performance Buildings. Kevin leads the U.S. General Services Administration's efforts in building sustainability and accelerating industry adoption of sustainable principles across all aspects of a building's life.
Register here by February 10!
If you are interested in buying a table, email Monica Alquist or call her at 206-876-5404.
The Triple Door Presents: The Atomic Bombshells "J'ADORE!: A Burlesque Valentine"
Seattle's reigning Burlesque super-troupe delivers a gorgeous and glittering VALENTINE featuring some of the Bombshells' most exhilarating acts to date. J'Adore! promises to celebrate l'amour with good humor, style, and a healthy dose of dazzle! Bring a friend, a lover, a family member, or a secret crush, and celebrate with the Valentine's Burlesque spectacular that will leave you shouting: "J'ADORE......The Atomic Bombshells!" The incomparable Jasper McCann emcees with high style and charm.
Please visit www.thetripledoor.net for a full schedule of future performances.
The Triple Door Presents: Bob Mould – See A Little Light: An Evening of Reading and Music
"Bob Mould. Those two words are synonymous with integrity. From Husker Du in the last century to right at this moment, Bob is the real deal, writing and playing music for music's sake. He's a great songwriter and performer. I have been a fan of Bob's for thirty years now with no end in sight." -Henry Rollins
Please visit www.thetripledoor.net for a full schedule of future performances.
Why Choose BDO for your SOC (previously SAS 70) Reports?
BDO’s experience in providing attestation services (SAS 70/SSAE 16, AT 101, AT 201, AT 601, etc.) to a broad range of industries, and our team of skilled professionals distinctly qualifies us to serve as your company’s Service Auditor. By leveraging the BDO global network of control specialists, we are poised to provide global services in more than 1,000 offices and across 119 countries. Many organizations find that investing in reports on controls may result in benefits, including:
• Increased client confidence
• Improved competitive advantage
• Minimization of frequent audits
• Streamlined business processes and controls
• Enhanced risk management
For detailed information contact Paul Martini at pmartini@bdo.com.
