Career website Glassdoor raises $50 million in financing round

Six-year-old career website Glassdoor Inc., which gives worker bees a space to vent about their employers, has raised an additional $50 million from private investors.

The Sausalito, Calif., company said the latest financing brought its total capital investment to date to nearly $93 million. The latest round, led by Tiger Global Management, included new investor Dragoneer Investment Group as well as old investors such as Battery Ventures.

Robert Hohman, chief executive of Glassdoor, said in a statement that the additional funds would allow the company to “accelerate our growth and capitalize on our sweet spot at the intersection of social, mobile and data.”

PHOTOS: Richest and poorest cities in America

Glassdoor, which has collected data on almost 300,000 companies submitted by more than 22 million members, plans to expand overseas and hire an additional 100 workers in the next 12 months, the statement said.

The website carries job listings but created a name for itself by allowing workers to anonymously submit reviews about their company and jobs, including salary information, which is then aggregated and posted. The data allow job seekers to judge offers they receive while providing a peek into companies’ corporate culture and working environments.

ALSO:

Income inequality is linked to depression, study finds

Bitcoin now accepted as tuition payment at one Cyprus university

U.S. students lag behind many nations in reading, science and math

Twitter: @ShanLi