Blog Post

Glassdoor Gets $6.5 Million In Latest Round

Career-focused social net Glassdoor.com has raised $6.5 million in a second round of funding led by Sutter Hill Ventures. Existing investors Benchmark Capital also participated. The Sausalito, Calif.-based startup gives job seekers a “real” view of what it’s like inside the companies they want to work for, via anonymous tips, environment descriptions, and even CEO approval ratings. Glassdoor.com beta launched in June, and has since grown to include over 115,000 entries for more than 14,000 companies. And given the stream of recent layoffs across industries, the site should expect a steady influx of traffic and new posts. CEO and co-founder Robert Hohman said that the funding came at the perfect time, as it will help Glassdoor.com ride out the recession itself. The site has has raised a total of $9.5 million, including a $3 million first round in November 2007 — which was erroneously reported as its second. Release.