Congratulations to our venture capital portfolio company Appcast on its sale to Stepstone, one of the most successful online job board businesses today. Stepstone operates over 10 top brands with 60 million visits and more than 600,000 jobs per month.
Appcast provides programmatic ad technology for online recruitment. The Company offers pay-per-applicant job ads and serves as an exchange for over 120 million job seekers on a monthly basis. Appcast also offers a SaaS product, Clickcast, a job ad bidding platform that is licensed by large recruitment ad agencies, RPOs, and job boards.
Initially launched in 2014 as a subsidiary of StartWire, Baird Capital invested in Appcast in 2014.