deals, acquisitions, social networks

Ex-Jobster’s Firm Sold for $7.5M

Gregory T. Huang 12/19/08

Seattle-based Jobster’s co-founder and former CEO, Jason Goldberg, has sold his new startup, Socialmedian, to Hamburg, Germany-based Xing for about $7.5 million. Socialmedian is a New York-based news-filtering service that works well with social sites like Xing, which is focused on professional networking. Goldberg, who left Jobster a year ago, will be moving to Germany as vice president of Xing’s applications platform division.

Gregory T. Huang is the Editor of Xconomy Seattle. You can e-mail him at gthuang@xconomy.com or call 206-624-2249.