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 the producer and host of the podcast Soonish and a contributing editor at Xconomy. Follow @soonishpodcast

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