Jobvite provides an on-demand recruitment application got $7.2 million Series A financing

What Company Is Offering:
Jobvite creates recruitment solutions that fundamentally change the way companies hire. They think collaboration, not automation, builds great companies. Their on-demand recruitment application is radically easy to use, so everyone can use it. That brings control, visibility and speed to hiring for companies who need the best people to succeed.

How It Works:
Jobvite provides an on-demand recruitment application that manages the entire recruiting and hiring process. Built on Web 2.0 technologies, Jobvite is radically easy to use for everyone involved in recruiting. Social networking, collaboration and Outlook integration engage all employees productively in their hiring tasks. The Software as a Service application solves the problem of coordinating hiring activities and data across departments, so companies can identify and hire the best people.

How Much They Got From VCs:
Jobvite, the provider of next generation on-demand recruitment solutions, announced the completion of a $7.2 million Series A financing led by CMEA Ventures. The company will use the investment to expand product development, marketing and sales efforts. Jim Watson, Managing Director, and Saad Khan, Partner, of CMEA join the company's Board of Directors.

About VCs:

CMEA Ventures is a venture capital firm focused on high technology, life sciences, and energy & materials investments. CMEA believes that the most successful venture backed businesses have extraordinary people and experienced teams intent on winning and building great companies. CMEA invests in both early and late stage ventures, and currently manages six funds representing investments in excess of $1 billion. CMEA has been an early stage investor in many leading Silicon Valley high technology companies including Entropic Communications (ENTR), Flextronics (FLEX), Magma (LAVA), Maxygen (MAXY), Monogram Biosciences (MGRM), Silicon Spice (BRCM), Symyx (SMMX), and Syrrx (purchased by Takeda). CMEA Ventures was founded in 1989 and maintains offices in San Francisco and Menlo Park.detail..at..www.cmeaventures.com

More at:www.jobvite.com