Jobvite Inc. is a software and recruiting corporation, based in San Mateo, California. The firm, which operates globally, is involved with the provision of a Software as a Service (SaaS) social recruiting platform, enabling companies to advertise jobs and manage the recruitment process. Its web-based service enables its clientele to create job invitations, known as "jobvites". In 2014, Jobvite was cited as being a server to over 1600 global companies, with over 46 million job seekers worldwide. Forbes ranked them at #50 on their "Americas Most Promising Companies List". Jobvite has become known for its surveys into social recruitment, and is frequently cited as a source by media outlets such as Time, Inc., and numerous authors of books on social and human resource management. Jobvite, Inc., which has its headquarters in San Mateo, California, was established in 2006 by Jesper Schultz and Hans Larsen. In December 2007 the company raised $7.2 million in venture funding with CMEA Ventures, which brought it into the spotlight. In July 2008, Dan Finnigan, formerly of Yahoo! and HotJobs, was appointed as the CEO of the company. Finnigan immediately hired two former colleagues from Yahoo, engineering senior director Adam Hyder as chief technology officer, and marketing officer Tim Lambert as chief.Forbes later ranked them at #50 on their "Americas Most Promising Companies List".