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Jobfox Named a Top 100 Company

May 21, 2008
This article is part of a series called News & Trends.

Jobfox (profile; site) has been named to Red Herring’s Top 100 in North America list of tech startups.

Hundreds of companies vie for the distinction of making one of the tech business magazine’s lists, both for the prestige value and the very real notice they get from investors and tech industry insiders. Companies nominate themselves, or, in some cases are nominated by others. For this list year’s list, 800 companies were reviewed, according to Jobfox, with the top 100 chosen on the basis of financials, subjective criteria, quality of management, execution of strategy and dedication to research and development.

“Jobfox is changing the way professionals and employers connect with each other,” said Rob McGovern , CEO of Jobfox. “Millions of job candidates visit Jobfox as a smarter way to advance their careers. Thousands of corporate recruiters now subscribe to Jobfox as a more efficient and cost-effective way to hire quality professionals.”

Launched in July 2005 as Mkt10, the job matching site later changed its name to JobFox as it began to expand beyond the Washington, D.C. market where it first tested its approach to recruitment. It works by matching candidates, who complete a series of qustions about their interests, skills, background and expectations, to jobs and companies, which also complete a corporate profile.

“Jobfox puts the spotlight on top professionals instead of job listings,” said McGovern, who founded Jobfox after selling CareerBuilder (profile; site), which he also founded and lead, in 2002.

Earlier this year, Jobfox was recognized as an Official Honoree for the 12th Annual Webby Awards. Jobfox was also named a 2008 most promising startup by American Venture Magazine.

This article is part of a series called News & Trends.
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