The race towards Total Service Provider (TSP) Capital Riesgo Internetsupports Job Partners - 08/2001

Global human resources software company, Job Partners, has received a significant amount of funding from a Spanish investor, CRI, the Internet and technology venture capital fund of Banco Santander Central Hispano. This adds to the powerful coalition of investors who donated second round funding in May this year. They included ING Barings, Viventures, Partech International, Financiere de Brienne and i-source.

Patrice Barbedette, CEO and co-founder of Job Partners said:

ìWe are delighted with this added injection of capital from CRI. Their financial input will enable us to broaden our coverage across the Spanish market, not only in Spain but also in South America and beyond.î

Nicolas Merigo, managing director of CRI comments:

ìWe evaluated the market place and established that Job Partnersí vision was to create innovative solutions to address key HR issues along the HR value chain. Their ability to deliver on this vision consistently and address the European to Global market place, including the Spanish market, appealed to us. Job Partnersí also proved to us that they are able to deliver on global projects in a variety of languages to exceptional quality.î

Job Partners was founded in November 1998, following two years of intensive research with HR professionals to identify, evaluate and address critical recruitment issues. The company now boasts a rapidly growing network of sales and partner offices in 13 countries throughout Europe, USA and Asia. The funding will also help Job Partnersí ambitious expansion plans into other geographical and product markets.

Job Partners is the European market leader in human resources software and currently employs over 100 staff supporting customers in 27 countries around the world - across all sectors. Key customers are in IT, telecommunications, consulting and services, banking and finance, government, manufacturing and retail.

The company is already helping thousands of HR professionals to target the best job candidates. Job Partnersí flagship solution, ActiveRecruiter, automates and structures the whole recruitment process and allows professionals to manage it from their desktops. As a result companies are finding that their recruitment costs are slashed dramatically and the process is speeded up.

www.actuverecruiter.com