Linked In has raised $53 million from Bain Capital Ventures, Sequoia Capital, Greylock Partners, and Bessemer Ventures. The investment values the business social network at just over $1 billion. view article »

BountyJobs, a communication platform which claims to streamline a company’s recruiting process, announced today that it received $12 million in financing from venture capital firm Greylock Partners. view article »

Assessment vendor Inscape Software (formerly HR Alloy) announced today a $7 million series B funding led by Solidarity Fund QFL. Inscape got the funding earlier this summer, but just announced it today.

Solidarity Fund is a labor-sponsored investment fund dedicated to investing in the economic development of Quebec, where Inscape is headquartered. Series A investors Rho Canada Ventures, L.P., Rho Investment Partners Canada, L.P. ("Rho") and Garage Technology Ventures Canada L.P. ("Garage") also participated.

Inscape Software will use the funding to continue the development of its innovative software-as-a-service (SaaS) platform that helps organizations author and deploy selection, employee development and succession assessment solutions.

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