Thursday, July 24, 2008

Dayak Bolsters Funding

San Diego-based Dayak, a firm which operates an online marketplace that matches employers and recruiters, has raised a round of funding and added some new investors, the firm's CEO, Allan Sabol, told socalTECH this week. In an interview with socalTECH, Sabol said the new Series A-1 raise was worth just under a million dollars, and included prior investors First Round Capital, NextStage Capital, and Bessemer Venture Partners. The firm is also backed by the Tech Coast Angels. According to Sabol, the point of the round is to give the company more fuel to add fire to growth; the firm has just under 1000 employers on the site, with over 2,500 recruiters using the service. Dayak's service allows employers to post jobs to recruiters, who can screen and provide candidates to those employers. Sabol said the funding should give it enough capital until it raises a Series B. More information »

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