$4.6 Million For Newly Profitable Simply Hired

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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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