Bright.com bags $14 million for jobs searches
SAN FRANCISCO -- Bright.com, an Internet job search and recruitment service, has nabbed $14 million in funding.
The startup allows job candidates to obtain a Bright score, used by employers to see how well candidates match to their needs. Bright boasts over 6 million visits from job seekers a month.
"Monster, Careerbuilder -- we're applying data science to that market. We're one of the largest aggregators of jobs on the Web," says CEO Steve Goodman.
Bright makes money by offering its service as a subscription to recruiters, much the way LinkedIn does. The company turned a profit this year.
Toba Capital, a new investor, led the funding, along with existing investors, including John Burbank of Passport Capital.
Bright's funding round brings its total to $20 million. The company plans to use the funding to build its product and market to potential customers.
"We already have a pretty big data science team -- we are going to double it," says Goodman.