Mill Valley, California-based Glassdoor, provider of a jobs and workplace review marketplace, announced it has raised $40 million in a round of funding led by funds and accounts advised by T. Rowe Price Associates. Existing investors Battery Ventures, Google Capital, SutterHill Ventures and Tiger Global also participated in the latest round. The company has now raised about $200 million since it was founded in 2007.
The valuation of the latest round was unknown when this post was written, but Glassdoor previously raised a $70 million infusion in January 2015 at a reported valuation of more than $838 million, based on a reported PitchBook table posted on Quora.
Update: The latest funding was a slight up-round, and Reuters reported the company’s valuation is now about $1 billion.
Source: Company press release and blog post