SnagAJob.com Receives $27 Million in Funding

March 10, 2011 – SnagAJob.com, an online community of hourly workers and provider of hourly workforce management solutions, has secured $27 million in series C funding led by August Capital, a Silicon Valley-based venture capital firm whose partners have been founding investors in companies such as Microsoft, Sun Microsystems, and Skype. SnagAJob largely will use the new investment to expand its product portfolio, intensify marketing efforts and increase the size of its sales team. “SnagAJob is working on a number of large-scale initiatives to make it easier for employers to both source great talent and to manage their hourly workforce in a more efficient manner, and we couldn’t be more excited to partner with August Capital to help us do that,” said Shawn Boyer, founder and CEO. “August Capital consistently has invested in companies with solid business models and major growth plans to address a market need, and we are looking forward to working with them to address the largely underserved hourly marketplace.”