Adams Street invests in website SnagAJob

By Becky Yerak
Posted March 11 at 10:43 a.m.

Chicago-based Adams Street Partners, which manages more than $20 billion in private equity for institutions, is making its second investment in

The Richmond, Va.-based online site for hourly workers said it has secured an additional $27 million in private equity funding that includes Adams Street, which also participated in an earlier $14 million round of fundraising for the company.

SnagAJob also noted that its new national clients include McDonald’s, Dollar General, ServiceMaster and Macy’s. SnagAJob said plans for the money include boosting marketing efforts and increasing the size of its sales team.

Also this week, Adams Street participated in a $21 million fundraising round for online ad network RadiumOne.

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