A jobs website has received $42 million from a VC fund set up by one of Skype's cofounders

Jobandtalent has raised $42 million (£30 million) in a funding round led by Atomico, the venture capital fund set up by Skype founder Niklas Zennström, who has a net worth of $1.19 billion (£780 million).

The investment follows a $25 million (£18 million) round that was raised last May and brings total investment in the company up to about $80 million (£56 million).

Founded in Madrid in 2009 by Juan Urdiales and Felipe Navío, Jobandtalent uses a matching algorithm, which combines "hundreds" of relevant signals, to decide whether a specific job is suited to a candidate. These include textual signals, such as the CV of the candidate, behavioural signals including applications of the candidates and contextual signals like the salary expectations or the job location. Today the platform claims to have over 10 million users and 150,000 businesses on its books.

Jobandtalent said it will use the money to expand into new geographical markets and further develop its product.

Juan Urdiales, cofounder co-CEO of Jobandtalent, said in a statement:

Niall Wass, former senior VP EMEA & APAC at Uber, and current executive-in-residence at Atomico is joining Jobandtalent's board as a non-executive director where he intends to help with strategy and international growth.

Niklas Zennström, founding partner and CEO of Atomico, said in a statement:

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