BranchOut Collects $18M

San Francisco-based BranchOut, which is building a LinkedIn-like professional networking service within Facebook, has secured $18 million in Series B funding, according to numerous press reports. Redpoint Ventures took the lead in the round, which was joined by Accel Partners, Norwest Venture Partners, and Floodgate Fund. The company also debuted a “Jobs Tab” feature that allows its clients to publish job listings on their Facebook fan pages. Levi’s of San Francisco is already using the service.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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