Pasadena, Calif., MAR 8, 2012 – JobSync, an innovative online career service that reinvents recruiting for candidates and companies alike, has raised a $1.6M Series A investment from The Pasadena Angels, Tech Coast Angels, and other angel investors from across the country. The investment round will be used to fund JobSync’s operations and grow its network of candidates and jobs.
Founded in 2011 by Danny Simon, a Harvard Business School graduate who previously ran Disney’s e-commerce business, JobSync offers a proprietary algorithm that matches candidates to jobs based on experience, education, salary and location preferences, and personality. JobSync’s competitive differentiation stems from its intuitive user interface, robust matching process, and compliance with EEOC and OFCCP regulations.
“Danny and I had been speaking for almost a year before we invested in JobSync,” says Barry Paulk, a Pasadena Angel and leader of the investment round. “Over that time I became impressed with the progress JobSync was making in the noisy HR space. We believe that Danny will lead JobSync to great success in the online recruiting market. We are looking forward to partnering with him on navigating the quickest and most profitable path to growth as part of our investment philosophy that ‘It’s more than the money.’”
The Angels look forward to a successful exit in the next few years.
About the Pasadena Angels
Founded in 2000, the Pasadena Angels is a group of leading private investors that provides long-term intellectual and financial capital to help build successful companies throughout Los Angeles and Southern California. Their members, with many years of collective leadership experience, provide the resources and experience to ensure the success of their portfolio companies.
The Pasadena Angels invests in early stage companies in a broad range of industries, including but not limited to technology, that have the potential to build sustainable and successful businesses. The Pasadena Angels charges no fees for its services.