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.