• $4.6 Million For Newly Profitable Simply Hired

    Tuesday, August 11th, 2009

    J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

    Silicon Valley based job listing search engine Simply Hired is announcing profitability and a new round of financing – $4.6 million from new investor IDG Ventures and existing investor Foundation Capital. The company is also announcing four quarters of positive cash flow.

    Phil Sanderson, managing director at IDG Ventures, joins the company’s Board of Directors. Simply Hired has now raised a total of $22.3 million.

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