LONDON, Feb. 2, 2011 /PRNewswire/ -- BraveNewTalent.com, the social recruiting platform, has secured an undisclosed amount of venture capital funding from Northzone Ventures and two experienced angels -Pierce Casey and Mike Bourne.
Northzone is one of Europe's leading venture funds and was the first investor in companies likeSpotify, Lastminute.com and Stepstone. As part of the investment, Bjorn Stray, Co-Founder & Partner at Northzone will join the BraveNewTalent board. Bjorn, one of Europe's most experienced venture capitalists in the sector, sat on the board of Stepstone between 1996 and 2009, and spent the first three years as Chairman. He is in a strong position to assist BraveNewTalent with its international development.
Bjorn said, "The evolution of online recruitment from the job board model to a social recruiting model is something I have expected for some time. I have considered many opportunities, but BraveNewTalent is the first one I felt had real potential to change the industry. It is our aim to fully deliver value to employers and jobseekers, and in doing so develop BraveNewTalent into a billion dollar market leader."
BraveNewTalent has successfully created talent communities for employers including IBM, Tesco, L'Oreal and McAfee. Lucian Tarnowski, BraveNewTalent's Founder & CEO commented: "This venture investment allows us to pursue the global social recruiting opportunity. Our mission is to change the face of recruitment and map the global talent market. With new investors who have many years of experience in this sector we can now fully develop our product and drive the message home; social recruiting should be part of every employer's recruiting strategy. We also plan to hire some great talent along the way!"
This new round of funding will be used to further develop the BraveNewTalent platform, allowing employers to build, engage, recruit and train talent communities. In order to support this development, the company plans to make a number of senior level and strategic hires to oversee this new growth phase. BraveNewTalent will now also begin to expand its operating base internationally as it rolls out global social recruiting services for its clients.