FundersClub’s First Exit: Crowdfunded TalentBin Acquired By Monster Worldwide

talentbin_logoFundersClub is celebrating an exit this evening, the first exit for a company funded on the equity crowdfunding platform for accredited investors. TalentBin has been acquired by Monster Worldwide (MWW). Gozaik was also acquired by MWW today. Terms of the acquisitions were not disclosed.

TalentBin and Gozaik are both tools that aim to leverage social networks and associated signals in pairing candidates with job opportunities. There are obvious synergies between both companies and Monster.

fundersclub“The acquisition of TalentBin and Gozaik completes one key component of a larger strategy designed to help our business grow,” said Sal Iannuzzi, chairman, president and chief executive officer of Monster Worldwide. “We look forward to sharing more details about these plans at our investor briefing event later this year.”

Monster’s strategy briefing for investors is scheduled for May 14, 2014.

TalentBin closed a $2 million Series A round funded by FundersClub investors. The round included co-investors Lightbank, NEA and Foundation Capital.



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