Jobfox Expanding Sales and Support Offices to Top 10 U.S. Markets

Fast-Growing Career Site Also Opening for Business in Australia

Jobfox, a revolutionary Web site with highly intelligent and effective matching of jobs and candidates, today announced 2008 plans to more than double the companyís U.S. sales and support offices ñ coast-to-coast ñ in response to growing demand among job seekers and corporate recruiters. Jobfox (www.jobfox.com) also reported record sales in 2007, a new round of venture capital funding and plans to expand its operations in Australia.

ìThe rapid growth of Jobfox is due to the tremendous receptiveness from job candidates and corporate recruiters,î said Jobfox CEO Rob McGovern, who is also the founder and former CEO of CareerBuilder. ìJobfox will also continue to accelerate its pace of new innovations that deliver break-through experiences for job seekers and dramatically better return of investment for employers.î

Jobfox, in December, raised $20 million in its third round of financing and closed 2007 with record sales growth. Draper Fisher Jurvetson led the $20 million financing round, which also included Menlo Ventures and New Enterprise Associates (NEA).

Already with sales and support offices serving the metropolitan areas of Atlanta, Boston, San Francisco and Washington, D.C., Jobfox will open new offices in Chicago, Dallas, Houston, Los Angeles, New York and Seattle. With new regional offices in place by the first half of 2008, McLean, Va.-based Jobfox will have a sales and services footprint in each of the nationís top 10 job markets.

Jobfox will also grow internationally after completing a strategic co-branding alliance with Australiaís Fairfax Digital, a multimedia company that owns the national job board MyCareer. In the agreement, Jobfoxís proven technology will be incorporated into MyCareer in early 2008.