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Synopsis
Coatue Management, a global investment manager, and Valiant Peregrine Fund led a $200m funding round in Handshake, a developer of a college career network designed to transform the recruiting experience for college students, career centers, and employers. Base10, Spark, Lightspeed, True Ventures, Kleiner Perkins, EQT Ventures, GGV Capital, the Chan Zuckerberg Initiative, Emerson Collective and Reach Capital also participated. "Millions of people, particularly those just starting out their careers, have been left behind by a purely networking-based approach to discovering talent. Our growth reflects a realization from the world's largest employers that they can no longer afford to leave talent on the table by tapping known 'connections' and following a traditional recruiting playbook," Garrett Lord, Handshake Co-Founder and CEO.
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