CBCJobs.com, an HR startup, is valued at $500 million+

CBCJobs.com, an HR software company, is valued at more than $500M in a recent fundraising round. The firm is based in Southern California and counts Fortune 500 clients, such as GEICO and Bank of America. CBCJobs offers job search, job distribution and an applicant tracking system.

CBCJobs is a pay-per-click job search engine that was launched in January 2008. It’s based on the traditional job search concept, in which employers login to post jobs through the site itself, and job seekers apply to them. Jobs can be searched by keywords or location. Two of its main design features are simplicity and robustness. The site adopts an approach in which graphics and advertising are kept lite, ensuring the content is loaded quickly into the browser. CBCJobs is currently only available in US. The site is rapidly gaining popularity, passing the 1,000,000 user mark in March 2011.


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