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FOR IMMEDIATE RELEASE
For further information contact:
Matt Casey
CampusCareerCenter.com
CEO
(617) 661-2613 x7144
matt@campuscareercenter.com
CampusCareerCenter.com receives $1.2 million in first round funding from European VC firm
Cambridge, MA (March 6, 2000) - CampusCareerCenter.com (CCC), which provides recruiting
services enabling companies to source students for worldwide employment, recently received $1.2 million in financing from
Fountainhead, a Belgian Venture Capital Firm, in exchange for Series A preferred equity. As a part of the deal, Fountainhead has the
right to invest an additional $1,000,000 through October 16, 2000.
Fountainhead is a fund focused on making investments in the educational and career space internationally. The recent investment in
CCC, underscores Fountainhead's commitment in making highly targeted investments in young Internet companies favorably positioned to
benefit from globalization. The Fountainhead investment portfolio is advised by Magnus Nilsson, a director of AB Novestra (www.novestra.com), a Swedish VC firm with a focus on Internet related investments. Mr.
Nilsson, either as a director, advisor, or investor, has been actively involved with companies such as EF Education (global education
services), E*Trade Sweden (online trading), Academic Search International (a European recruiting company), Boxman (Europe's largest
e-tailor for CD's), and FramFab (a European web agency).
Matt Casey, Founder and President of CampusCareerCenter.com, commented… "Our new investor base clearly recognizes the opportunity for
CCC to aggressively expand its operations into foreign markets immediately…Our traction in the US in terms of revenue growth and
candidate acquisition has already been established and this investment will allow us to accelerate our plans to immediately service
companies throughout the world…our initial presence will be in Europe and Asia and over time will spread to all other locations."
About Campuscareercenter.com
CampusCareerCenter.com's website and database application provide customers with a business-to-business solution focused only on
university students in both baccalaureate and masters programs at leading educational institutions throughout the world and the
companies that seek to hire them. The Company provides the connectivity needed to simplify the worldwide job search/fulfillment
process. This consists of a continuously expanding database of candidates with diverse geographic backgrounds connected with
recruiters from leading global companies. Through a suite of recruitment options including the CandidateConnect™ database search
service, a powerful connection is made between these two globally minded groups, marking the beginning of an entirely new era in
campus recruiting.
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