• Tech Crunch, Wednesday, May 18, 2011 12:20 PM

Jobvite, a developer of software that helps companies leverage the social Web for finding and hiring new employees, has secured $15 million in Series C funding, TechCrunch reports. Launched a few years ago, Jobvite was one of the first start-ups to pick up on how the social Web was affecting professional recruiting. Having now raised over $30 million, this latest round was led by Trident Capital, along with existing investors, including CMEA Capital and ATA Ventures.

According to TechCrunch, Jobvite now offers social recruiting applications to over 500 companies, while its customer base has grown by 600% over two years. Clients include Zappos, Yelp, Groupon and Twitter, WholeFoods and Starbucks. The company offers its Web-based social recruiting apps and an applicant-tracking platform on a subscription basis, "which center around driving referral hires by leveraging dozens of social networks and other digital communication platforms," TechCrunch writes.

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