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Dayak’s foundations have been based upon a belief that corporate America is in need of a better recruiting solution to hunt down talent. With the most common method being the online job boards, the system fails to give total satisfaction to the employers.
Dayak is designed specifically to address this issue and ease the job for hiring managers. The news as reported by Anthony Ha says that Dayak has raised $1 million in its present funding.
The new investments add to the previous $1.15 million from new investors namely; NextStage and Bessemer Venture Partners and previous investor, First Round capital.
The purpose of the funding is to utilize it to for fueling the growth, with a little under 100 employers and 2,500 recruiters; the service enables employers to post jobs to recruiters.
Nice! I think these guys are definitely thinking big and it will be interesting to see how they pull it off. They’re a logical alternative to the other recruiting sites out there and it’s great to see that sector moving into the “web community” angle (Dayak actually won a web 2.0 award at Launch Silicon Valley).
Even so, none of that means much if hiring managers can’t make good placements fast and inexpensively. I’ve had a few successes with these guys but haven’t talked to many other users. Any out there willing to share their thoughts?
Agreed. Very nice concept.