GBP350K Investment for Social Recruitment Service BraveNewTalent.com
By Bravenewtalent.com, PRNESunday, February 28, 2010
LONDON, March 1, 2010 - BraveNewTalent.com (www.bravenewtalent.com), an online business
which connects people to employers via a social network, has secured
GBP350,000 of investment to fuel its development and international growth.
The funds will enable the company to invest further in sales and
marketing to attract more subscribing employers and users. BraveNewTalent.com
also has ambitious plans for overseas expansion and has the US, India,
Australia and South Africa in its sights for 2010.
Founded by Lucian Tarnowski (luciantarnowski.com/bio), Global
Enterprising Young Brit in 2009, BraveNewTalent.com has also attracted to its
board of directors the technological and entrepreneurial expertise of
Chairman Alex Hoye, CEO of the Latitude Group, and Adrian Cox, former CEO of
Ask Jeeves Europe.
Alex Hoye commented, "Employers are increasingly looking towards social
media and networks as a source of potential candidates. This 'social
recruitment' route offers a number of benefits including reaching a wider
pool of talent, reducing the costs of recruitment, and building and
maintaining a relationship with recruits in advance of employment.
BraveNewTalent.com is perfectly positioned to take advantage of this new
trend, by offering a direct channel to a global network of candidates."
Caroline Lindner, Graduate Recruitment Manager from Allen & Overy and a
BraveNewTalent.com client, adds, "We are convinced that social media has an
important role to play in our future graduate recruitment programme. Sites
like BraveNewTalent.com give us a means of engaging with our potential
trainees and applicants via a medium that they are actively involved in and
are comfortable with, and at the same time help us build our employer brand."
Nine angel investors joined BraveNewTalent's second round of investment,
which follows an initial loan of GBP102,000 from the Enterprise Finance
Guarantee (EFG) Scheme via the Royal Bank of Scotland in April 2009 and seed
investment round of GBP120,000. The interest generated through channels such
as Cambridge Angels and CMyPitch Live meant that the round was heavily
oversubscribed.
Lucian Tarnowski added, "This investment is a great endorsement of the
role that social recruitment will play in the future of talent management as
well as the strength of the BraveNewTalent proposition. It gives us
additional resources and expertise we need to take the next step towards
being the world's leading social recruitment site."
Contact: Colin Hallmark, 3:nine Communications, +44(0)207-736-1888, info3nine co uk
Tags: Bravenewtalent.com, London, March 1, United Kingdom