Snagajob Secures $100 Million

Cooley advised Snagajob on its $100 million financing. The investment was led by Rho Acceleration and included NewSpring Capital and the Invus Group. Snagajob plans to use the proceeds to expand its product offerings and fund select acquisitions.

Founded in 2000, Virginia-based Snagajob is America’s largest marketplace for hourly job seekers and employers through its work with more than 65 million members and nearly 200,000 employers, including nearly half of the brands on the Fortune 1000 list.

Cooley was the #1 most active law firm advising on both early and late-stage VC financings according to Pitchbook's US Venture Industry Report for Q4 2015.

Related Contacts
Mike Lincoln Business Department Chair, Reston
Derek Colla Partner, Washington, DC
Alex Weaver Associate, Washington, DC
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Emerging Companies Venture Capital