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Job listing service ZipRecruiter raises $63 million

Job listing service ZipRecruiter raises $63 million

ZipRecruiter, a Santa Monica start-up that tries to simplify tasks for recruiters, has raised $63 million in initial venture capital funding as the 4-year-old service races to keep up with growing demand.

The investment announced Tuesday, which includes money from a new Los Angeles venture capital fund, will help the 140-person company add a second office off the 3rd Street Promenade later this year, pursue acquisitions and increase computing infrastructure.

“We’re going after a market that has been priced out of or haven’t had the time to learn higher-end recruitment tools,” said Ian Siegel, chief executive and co-founder of ZipRecruiter....