Student Career Network Handshake Raises $20 Million in Series B Funding

SHAKE ON IT: A liaison for students and their job prospects, Handshake today announced that it has raised $20 million led by Spark Capital in a Series B funding round. Founded in 2013, the San Francisco-based company offers university career centers a platform where employers and students can connect and share information. Handshake—which has grown from five to now 170 universities—expects to add another 200 to its network by next year, CEO Garrett Lord writes. The company already boasts 3 million students and 100,000 companies and nonprofits in its network, and reports a 50 percent increase in student engagement with campus career centers.

Back in February 2016, Handshake raised $10.5 million in its Series A funding round led by Kleiner Perkins Caufield & Byers. Before that, the company raised $3.5 million in March 2015 with a seed round led by True Ventures and Lightspeed, bringing their total raised to $34 million to date.

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