SOURCE: VentureLoop

November 11, 2008 07:00 ET

Granite Ventures Launches Web-Based Resource for Promoting Career Opportunities Within Investment Portfolio, Powered by VentureLoop's VentureCareers

SAN FRANCISCO, CA--(Marketwire - November 11, 2008) - Granite Ventures, an early-stage venture capital firm focused on the technology sector, today announced that it has added a web-based career resource, VentureCareers, to assist portfolio companies in promoting unique career opportunities. VentureCareers is hosted by VentureLoop, the worldwide leader in jobs exclusively for the venture-backed community.

"We consistently focus on partnering with our portfolio companies to find and develop the kind of talent that builds winning teams," said Standish O'Grady, managing director at Granite Ventures. "We are employing the VentureCareers system as another resource for helping our portfolio companies identify the best and brightest candidates for their open positions."

"Granite Ventures has built a solid reputation for identifying companies well positioned to succeed, and we are pleased to add them to our client roster," said Jeremy McCarthy, CEO of VentureLoop. "The Granite portfolio of companies represents a nice cross section of early-stage technology companies in the software, services and communications sectors -- interesting areas that create unique job opportunities."

About Granite Ventures, LLC

Granite Ventures has been helping early-stage technology companies build solid foundations for success since 1992. Granite has managed over $1 billion in venture capital and has invested in more than 100 private companies. They partner with promising and successful entrepreneurs to create businesses that have a competitive edge, and help those businesses achieve category leadership. More information can be found at www.granitevc.com.

About VentureLoop

VentureLoop is the leading website dedicated to job postings for emerging venture-backed companies and startup companies. VentureLoop creates direct relationships with the world's top venture capital firms to connect their portfolio companies with quality candidates. Candidates can search the VentureLoop website for thousands of jobs at startups and growth companies backed by top-tier venture capital firms. VentureLoop's VentureCareers product is a hosted career page for venture capital firms, allowing portfolio companies to advertise job openings directly onto their venture capital firm's public website. VentureLoop also publishes the weekly VentureLoop Emerging Growth Newsletter, which communicates valuable information about emerging growth company news, funding, and career advice. Find out more at www.ventureloop.com.

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