VentureBeat

Posts Tagged ‘inv:Reed-Elsevier-Ventures’

Updated

Job site Jobster has raised another $7 million in a fourth round of funding. It’s not a huge amount of cash, but it comes on top of the $48 million that Jobster previously raised at a $100 million-plus valuation.

With all the job sites out there, we’ve been skeptical about Jobster’s (and other sites’) ability to be heard above the noise. Since we voiced that concern more than a year ago, even more sites have emerged — for example, I’ve covered NotchUp, which has the novel hook of paying job seekers for an interview, and there were two very different job sites making their pitch at the most recent Y Combinator demo day.

Some of our concerns were assuaged by chief executive Jason Goldberg’s salesmanship, and the fact that Jobster has signed up a bunch of corporate customers. But Goldberg actually left in December, replaced by Jeff Seely, who helped sell trading site Sharebuilder. Presumably, the new funding is part of Seely’s efforts to revitalize the Seattle startup. Investors included Ignition Partners, Trinity Ventures, Mayfield Fund and Reed Elsevier Ventures.

Update: I asked Christian Anderson, Jobster’s director of corporate communications, what the funding means for the company, but he told me he can’t say anything. It sounds like there may be more news (perhaps some new features, or a new focus?) in the pipeline.

healthline.jpgGiant players such as Google and Microsoft already provide health care-focused search sites, but they aren’t that impressive.

San Francisco’s Healthline, however, is focusing solely on health search, and is making surprising headway. It has six million monthly unique users, and is the only search engine among the top-twenty U.S. health-related sites — with the exception of Yahoo Health (see list below). And with healthcare a very important part of the economy, there’s a land-grab going on, and investors want a part of it. Healthline today announced it has raised $21 million more in financing, led by GE/NBC Universal’s Peacock Equity Fund.

Its success apparently derives from giving users more options, such as links to trusted article sources related to the symptoms they experience, along with lists of possible causes, tips and advice.

West Shell, chief executive, told us that’s why sites such as AOL and others are booting Google’s health related search, which provides a simple list of results but no other context, in favor of Healthline. Over the past two months, it has signed numerous other syndication deals, and now powers search at sites like NBC Universal’s iVillage Total Health, Eons and Health Central Network.

There several players in this area, most notably Kosmix, Microsoft’s Medstory (see our coverage), and Google’s health-only search site. A host of others are trying to build communities around health issues, but don’t focus purely on search per se. Healthcare.com, with $6 million in fresh cash, recently joined the crowd.

Healthline’s financing comes from GE/NBC Universal’s Peacock Equity Fund, a joint venture between GE Commercial Finance’s Media, Communications & Entertainment business and NBC Universal, and includes strategic financing from Aetna Ventures, LLC, Kaiser Permanente Ventures, U.S. News and World Report, and previous investors VantagePoint Venture Partners and Reed Elsevier Ventures.

The company has now raised a total of $59 million. The site launched in 1999, but then went through a major reorganization to focus on search in 2005.

healthsites2.jpg

Top Stories

Recent Comments

Powered by Disqus

Recent Guest Columnists

Job Board

Links

Venturebeat Writers

  • For advertising, contact .
  • Log in

Font Size

Siperian , a Silicon Valley company that helps businesses unify their data about customers, products and organizations fragmented across different systems (with so-called “master data management” software), has raised $25 million more in financing.
The San Mateo, Calif. company attracted the round, its fifth, from a number of investor. They include Investor Growth Capital, which led [...]

More ...