Northzone leads $25m series-B for Cornerjob

As part of the deal, Northzone provided a $20m equity ticket in the round alongside E.Ventures.

Meanwhile, the company's existing investors, Antai Venture Builder and Variv Capital, provided the remaining $5m to the funding round through their portfolio company TV Azteca. According to a statement, the $5m equity ticket will be specifically used to support the company's expansion across the Mexican market through an advertising campaign.

Moreover, the company aims to use the fresh capital to boost its presence in the Spanish, Italian and French markets.

Following its $10m series-A round raised in February 2016, Cornerjob collected total funding of $35m in a six-month period.

The deal follows the recent $42m series-B raised by Cornerjob's Spanish competitor JobAndTalent, led by British venture capitalist Atomico, as well as the $10m series-A round led by Accel for Job Today, another Spanish competitor, which recently launched its product in London and Paris.

Previous funding
In March 2016, the company raised a $10m series-A round led by Bonsai Venture Capital, alongside Mediaset España, Banc Sabadell Capital, Cube Investments, Ithaca Investment, La Caixa Capital Risc and Media Digital Ventures.

Company
Founded in 2015 and headquartered in Barcelona, Cornerjob develops a mobile jobs marketplace that focuses on the low-skill and high-turnover recruitment segment. The company has a presence in Italy, France and Spain and employs a staff of 70.

People
Northzone Ventures – Jeppe Zink (partner).
Cornerjob – Miguel Vicente, Gerard Olivé, Mauro Maltagliati (co-founders); David Rodriguez (co-founder, CEO).

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