Jobs The Word

UK-based JobsTheWord, which describes itself as a ‘virtual headhunter’, has received a £525k investment from The North West Fund for Venture Capital, managed by Enterprise Ventures. JobsTheWord searches and analyses data from social media and other sites to help companies identify candidates, claiming to significantly reduce the time and cost of sourcing. The funding is provided jointly by the European Regional Development Fund and the European Investment Bank, and will allow the business to scale up its research & development, create new features and develop products for sectors other than recruitment. It was founded in 2011 and has attracted blue-chip clients, including BlackBerry, Hewlett Packard and Samsung.