Doostang Acquires Jobfox – Press Release

Doostang International, one of the largest employment networks for young business professionals, announced the acquisition of certain of Jobfox’s assets, a leading job networking site with over 9 Million members.

Jobfox was founded in 2005 by Rob McGovern, the founder and former CEO of CareerBuilder.com. Jobfox combines the power of networking with skills-matching technology to connect job seekers directly with employers.

“We have been watching Jobfox closely for a long time and had an opportunity to acquire the assets” said Jeff Berger, CEO of Doostang. “This is an exciting opportunity for us to further grow Doostang and carry on some of the vision from the Jobfox team. Thousands of people successfully advance their careers on Doostang each year and this acquisition is another way we will improve the job seeking experience for our members.”

Founded in 2005, Doostang is an exclusive and trusted career destination with over 1 Million members. Doostang members gain exclusive access to over 10,000 hand-picked job openings with thousands of prestigious employers across finance and investment, consulting, media, and technology industries specifically targeting high-achieving students and graduates of leading academic institutions. 1 in 4 recent graduates from the Top 30 U.S. Universities is on Doostang.

“The Jobfox team is pleased our products will become part of the Doostang service,” said Rob McGovern, Founder and CEO of Jobfox. “The Jobfox product has helped over 30 Million job seekers and thousands of employers. We’re confident it will help Doostang continue to be a leader among the new generation of career sites.”

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