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Job search engine Adzuna gets £300k funding boost

July 14, 2011

Job search engine Adzuna has launched in the UK, backed by a £300k seed investment from Passion Capital and prominent angel investors.

The company aims to become the world’s leading search engine for classifieds, by bringing together all the ads and connecting users with them in new ways.
With over 300,000 live UK job vacancies that represent £7 billion of ‘Total Earning Opportunity’, Adzuna collates the latest job ads in real-time from all major job boards as well as sources such as The Guardian Jobs section, The Royal Household and LinkedIn.
The site also includes a social layer which allows users to gain an unfair advantage in the job search process by using their Facebook and LinkedIn contacts.
Adzuna was founded by online veterans Andrew Hunter and Doug Monro, with the support of a number of premier angels investing alongside Passion Capital, including current or former executives from eBay, Skype, Adjug, BT and Virgin.
Doug Monro, Co-Founder of Adzuna, commented “It’s great to be working with Andrew again and cracking a big problem. Job, property and car ads are scattered across many websites, causing massive consumer frustration. None of the existing vertical search products have made the experience better. We believe we can take this market to the next level by bringing social, mobile and data to bear – first in jobs and soon by expanding our service to cover property and cars.”
“We’re really excited to be working with Doug, Andrew and the rest of the Adzuna team. Having led the charge at Gumtree, Zoopla and Qype, the guys have a proven track record of creating successful multi-national internet businesses and innovating in the local search space,” said Stefan Glaenzer, partner at Passion Capital, who will join Adzuna’s board of directors.. “By bringing all the ads together in one place and organizing them with innovative, engaging features, Adzuna will transform the online classified ads market.”
http://www.adzuna.co.uk

Search, Uncategorized eBay, Facebook, local, UK

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