Oct 4, 2018 - Economy

ZipRecruiter raises $156 million at $1.5 billion valuation

ZipRecruiter CEO Ian Siegel. Photo: ZipRecruiter

ZipRecruiter, a Los Angeles-based online job posting company, has raised $156 million in new funding co-led by IVP and Wellington Management at a $1.5 billion post-money valuation.

Bottom line: This is only eight-year-old ZipRecruiter's second funding round, after a $63 million Series A in 2014, and it became profitable before ever taking a penny of outside money.

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