VISUALCV, INC. ANNOUNCES INVESTMENTS FROM HEIDRICK & STRUGGLES AND VALHALLA PARTNERS
Leading Executive Search Firm and Technology Venture Firm Validate Company's Vision
February 11, 2008 - Reston, Va. -
VisualCV, Inc. announced today a round of investments in the company from Heidrick & Struggles (Nasdaq: HSII) and Valhalla Partners. This round, together with earlier seed-stage funding, brings the total raised to approximately $5 million. VisualCV replaces the resume with an online professional profile. It is the first website to allow professionals to create an Internet-based resume, build and manage an online career portfolio, and securely share professional qualifications with employers, customers, partners and colleagues. VisualCV's services are now available at www.visualcv.com.
VisualCV.com was developed to solve problems that professionals face as they seek to find jobs, develop, and advance their careers, while at the same time helping employers find and hire better candidates faster. VisualCV offers greater depth, breadth and substance than traditional resumes, for both job seekers, and company recruiters.
"We are thrilled with our investors. Heidrick & Struggles is a leader in the business of connecting talent and their investment in VisualCV validates our mission and vision," said Clint Heiden, CEO and Cofounder of VisualCV, Inc. "And, we will gain invaluable insight from Valhalla Partners as they have built a reputation on helping to build world-class technology companies."
Commenting on the announcement, Kevin Kelly, CEO of Heidrick & Struggles said, "The founders of Visual CV are world class software entrepreneurs. We are pleased to be collaborating with them as investors, and look forward to capitalizing upon this platform in an innovative way which is fresh and relevant to a new generation of leaders."
Gene Riechers, Partner, Valhalla Partners, added, "We invested in VisualCV because we know that they will fundamentally change the way people look for jobs and manage their careers."
VisualCV, Inc. today also announced the launch of VisualCV.com.
About VisualCV, Inc.
VisualCV reinvents the resume using technologies that transform the way in which resume data is presented, accessed and shared. A VisualCV allows professionals to easily build and manage an online career portfolio that comes alive with informational keyword pop-ups, video, pictures, and professional networking. VisualCV.com enables secure sharing of VisualCVs for networking, career advancement and business development. And, it's free. Based in Reston, Virginia, the company has received investments from one of the world's leading executive search firms, Heidrick & Struggles (Nasdaq: HSII), and Valhalla Partners. For more information, to register and start standing out, please visit www.visualcv.com.
