Tech-orientated job site Built In has concluded a $22 million Series C funding round, vindicating its approach as a city-based, community-focused platform.
Updata Partners led the round, with other participants including MATH Venture Partners — the lead investor of the start-up’s first two rounds of funding, according to a Built In blog post. Updata partner Carter Griffin will join Built In’s board of directors.
The company has raised a total of almost $30 million since its inception in 2011, according to CrunchBase.
Like LinkedIn, Built In got its start as a professional networking site, albeit more narrowly focused on the tech trade. As well as its job board, Built In offers a news feed, events calendar and a Glassdoor-inspired list of market salary averages per category.
It’s also location-based, with separate sites for different geographies. Alongside its original site for Chicago (still the company’s headquarters), it now has platforms for Austin, Boston, Seattle, LA and New York, and another for the whole state of Colorado.
Built In’s job board is a priority for development with the new funding. The company says it’s been working on “a powerful matching engine” to help job-seekers sort out employers based on their values, social atmosphere, accent on diversity and family friendliness.
The company also hopes to introduce a feature for professional development and mentoring.
Built In’s co-founder and CEO is a woman, Maria Christopoulos Katris (LinkedIn profile). The funding announcement notes that the new C series ranks as the second-largest venture capital round raised by a female CEO in Chicago.
The statement says the funding will help the company double its Chicago staff from 100 to 200 people over the next year.