Benjamin Yoskovitz of Standout Jobs is down in Palm Desert at DEMO 08 this week but took time today to announce some significant financial news for the Montreal-based start-up. iNovia Capital, a manager of seed and early stage venture capital funds, which invest in sectors such as software, semiconductors, medical devices, biopharmaceuticals, cleantech and advanced technologies, has made a $2 million investment in Standout Jobs.
Standout Jobs was founded in February 2007 by Yoskovitz, Fred Ngo and Austin Hill to power companies’ online recruiting efforts and help them stand out from the crowd. The company’s RECEPTION™ product brings the latest Web consumer experiences – easy, personal and dynamic – to the recruiting process. At the heart of RECEPTION is a do-it-yourself interactive career site that leverages social media tools and principles, including video, blogging and widgets, to showcase a company’s culture and team. The goal is to help companies develop and promote their employment brand, in order to find and hire the best talent. RECEPTION also includes candidate relationship management tools enabling HR managers to identify, interact with and track candidates effectively.
Standout Jobs launched RECEPTION today at DEMO 08. Initial customers include more than 20 firms representing some of North America’s most exciting companies, including b5media, Freshbooks, Jangl, Socialight, and Xobni. Standout Jobs’ DEMO presentation can be viewed live at 9:44 AM (PST) on Wednesday, January 30th.