I received this in my email last night - good luck to your future successes, Itzbig team!
It is with great regret that I am writing to inform you that itzbig will be discontinuing operations.
On behalf of all of the itzbig employees who have worked so long and so hard, I'd like to thank you for your support.
We set out to build a next-generation service that instantly matched, scored and ranked jobs against candidates and candidates against jobs, without all the junk results. Our approach was to allow recruiters to post jobs for free and to interact with anonymous candidates in order to determine those who were interested, qualified and available (IQA). Recruiters would only be asked to pay to unlock the contact information of candidates in whom they were interested. Based on the very positive feedback that we received from many of our users, I think we were making good progress. Unfortunately, however, we have been unable recently to secure enough additional funding to continue.
While we are winding down operations, the itzbig website will be kept alive and will be made completely free to use for everyone -- candidates and recruiters.
Our passion for revolutionizing the way the world recruits remains undimmed, and many of us will continue our efforts in the future. But for now we are obliged to close this chapter of our lives and move on.
Thank you again for your support. We are saddened by this outcome, but we've learned a lot and enjoyed serving the HR/recruiting community as best we could.
The itzbig Team
Chief Executive Officer
Office: (512) 879-3553
8911 Capital of Texas Highway, Suite 3-100
Austin, TX 78759