Earlybird backs Romanian recruitment firm Tjobs
Earlybird Venture Capital has backed Romanian recruitment start-up Tjobs, three months after the $110m first close of its Digital East Fund.
The fresh funding will boost Tjobs's European expansion as the European Union liberalises its labour mobility laws. The company is thought to have raised €500,000 from angel investors in 2011.
The VC held a first close on the Earlybird Digital East Fund in January 2014 on $110m. The vehicle, which has a $130m target, backs SMEs in internet, enterprise technology, technology-enabled service companies based in CEE and Turkey.
Earlybird typically invests €200,000-15m per transaction.
Company
Founded in 2009 and based in Targu-mures, Romania, Tjobs is an online recruitment portal that focuses on cross-border job vacancies.
The company established a presence in Lyon in 2011, London in 2012 and Munich in 2013.
People
Cem Sertoglu is a partner at Earlybird.
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