The Career Site Funding Spree: BraveNewTalent Gets Its Round

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BraveNewTalent, a British social recruiting site which has its sites on an overseas expansion, has raised £350,000 (roughly $560,000) in a funding round from nine angel investors. The site — which mixes social networking with job searching — promises to let students and graduates “find, follow and build a relationship with employers of choice.”

Sounds familiar? That’s because there are several other VC-backed career sites betting that young job seekers want alternatives to mainstream job and professional sites. So far this year, (which lets job candidates answer hip questions like “why I’m unique”), Brazen Careerist (a LinkedIn for Gen Yers with no qualms about being designed solely to help young people move up in their professions), and Doostang (which pitches itself as being for “elite” young professionals from top schools) have all raised million-dollar plus rounds.

BraveNewTalent says it will use its cash to “invest further in sales and marketing to attract more subscribing employers and users.” The company says it also plans to expand to the U.S., India, Australia and South Africa this year.

It had previously received £102,000 in a loan from the Royal Bank of Scotland as part of that government


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