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RealMatch, a performance-based recruitment advertising, announced today it has raised $7 million in Series C venture capital financing led by Edison Ventures with participation by existing investor, Carmel Ventures. This round of investments will reinforce RealMatch's mission to make online recruitment advertising a unique and lucrative revenue stream for online publishers, an efficient and results-driven process for employers, and a simplified, easy-to-use experience for job seekers.
RealMatch is disrupting the highly fragmented online recruitment industry by building the largest and most effective recruitment advertising network that now reaches over 100 million active and passive job seekers monthly across thousands of job sites and social networks. RealMatch's performance-based network is able to achieve up to 4 times more qualified response to job postings compared to the leading national job boards. This uplift in performance is attributable to the company's proprietary technology including Real-Time Job Matching™, automated network optimization, and ad targeting capabilities which are fully integrated with the network and with RealMatch's white-label job board platform.
"RealMatch's potential in the online recruitment advertising industry is almost limitless. Our job matching and network optimization technologies are representative of the next technological revolution in the online recruitment space. This round of funding will help us as we accelerate our market leadership," says Gal Almog, founder and CEO of RealMatch.