U.K. Job Site Adzuna Raises 500K in Funding

January 19, 2012 – Adzuna, the next-generation job search engine, has raised £500,000 investment financing from Index Ventures, The Accelerator Group and existing investors including Passion Capital. The latest funding follows a seed round last year. Launched in July 2011, Adzuna classifieds aims to become the world's leading search engine for classifieds, bringing together all the ads and connecting users with them in new ways. Adzuna collates almost every job ad in the U.K. in real time from hundreds of websites, including all of the major job boards as well as sources like the London 2012 Olympics, Williams Formula 1 and the Royal Household. This latest round of funding will be used to drive further product innovation around social and data, and expand into other verticals as well as international markets. Robin Klein, Venture Partner at Index, said: “We're delighted to be working with Andrew and Doug, experienced entrepreneurs whom we know well from their track records at Gumtree, Qype and Zoopla. The Adzuna team has achieved a great deal in a short period of time, and we believe the innovations they continue to bring to the market will change the way people search for classified ads.”