BranchOut raises millions to challenge LinkedIn

04/19/2012 | Business Insider

BranchOut, a Facebook application designed to help users find jobs, has raised $49 million in about two years to aid its quest to compete with LinkedIn. BranchOut has 25 million users, and monthly average usage has reached 13 million. While LinkedIn is good for high-earning professionals, BranchOut will help a broader range of people, CEO Rick Marini said.

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