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Social Recruiting Start-up, KODA.us, Lands $3M in Funding & Targets Gen Y Job Seekers

August 03rd, 2009

Hi All!

Social networking meets recruiting…we know that…we’ve seen the power of LinkedIn and FaceBook for recruiting. But there’s a new company on the scene, KODA.us, who’s CEO claims: “KODA is more professional than Facebook but more personal than LinkedIn, letting both sides of the hiring equation get to know each other,” said Jeff Berger, Co-Founder and CEO of KODA.  “Using a job board is like searching for a needle in a haystack.  KODA gives you more needles, less haystack, and we’ve developed proprietary technology that facilitates a smoother recruitment process for both candidates and employers.”

Here’s their recent Press Release to learn more:

Social Recruiting Start-up KODA.us Completes $3M Round of Angel Funding
Increasing Traction of Social Recruiting Platform Among Large Corporations and Entry-to-Mid-Level Talent Attracts Fresh Capital Infusion

San Francisco – KODA.us, the social recruiting site that is changing the way new talent and smart companies connect, just announced that it secured a $1 million fresh capital infusion from a group of private angel investors. Recent fundraising brings the total investment-to-date to $3 million, further validating the company’s increased traction among large corporations and emerging talent. This marks the completion of KODA’s previously unannounced first round of funding, allowing the company to expand upon the success of the first two months of their public Beta period.

KODA.us launched on May 27, 2009 as the first platform dedicated to social recruiting, which brings the relationship-oriented process of social networking to job recruiting.    

Within the past two months, KODA has established relationships with over 350 corporations, non-profit organizations and private businesses.  The site focuses on the entry-to-mid-level job market.  It profiles people and employers in a way that goes beyond the traditional resume or job posting.  A KODA profile gives an employer the opportunity to portray job openings within the context of organizational branding.  KODA profiles give people the chance to highlight relevant life experience and personal attributes, rather than just work experience. 

“GenY job seekers don’t often know what specific companies and opportunities to explore, and KODA provides a pipeline that makes these job seekers more informed,” explained Berger.  “They’ll now have access to information about corporate culture before they even decide to apply for a position.” KODA gives companies a venue in which they can lead conversations with prospective candidates about corporate culture and work environment, helping both parties to assess “fit” before the interview.  “In this economy, ‘fit’ matters,” added Berger.  “It decreases turnover and improves performance.” 

KODA makes participation convenient for employers by offering seamless integration with companies’ own internal career webpages, so that recruiters don’t need to manually repost jobs.  KODA’s proprietary crawler pulls up-to-date job listings directly from employers’ websites and showcases them on KODA.us. The site is now featuring thousands of job opportunities in various U.S. cities and regions. KODA will be launching new functionality as the Beta period continues, including tools for universities and professional associations to be involved in the process.

While Headquartered in San Francisco, KODA has an outpost in New Orleans and is actively involved in the post-Katrina economic rebirth of the city. KODA was recently named a 2009 Innovator of the Year by New Orleans CityBusiness.

For more information, email katie@koda.us, press@koda.us, or visit www.koda.us.  

Good luck to Jeff and his team with their new venture!

Bye for now,

Lisa