Please be informed that Cradle office will be closed throughout the MCO period as part of our effort in flattening the curve of COVID19 cases in Malaysia.

Latest News

GEN Y JOB PORTAL WOBB RAISES US$1.3M IN PRE-SERIES A ROUND

GEN Y JOB PORTAL WOBB RAISES US$1.3M IN PRE-SERIES A ROUND

Published 05 August, 2019

Derek Toh, seated, 3rd from right, with his team at WOBB.

WOBB, the leading Gen Y specialised job portal in Malaysia, has announced a pre-Series A investment of US$1.3 million (RM5.4 million) from CAC Capital Investment Limited Partnership (CAC Capital), Accord Ventures Inc (Accord Ventures) and Actcelerate International Group Ltd (AIG). The funding round was arranged by Cradle Fund Sdn Bhd which provided operational and legal help in facilitating the investment.

 

The funds raised will be used to accelerate growth and capture market share, with the company’s immediate goal being to dominate Gen Y hiring in Asia. It is currently operating in Malaysia with an online presence in Manila, supported from Malaysia, with a Manila sales office to be established in the next 6 to 9 months. An Indonesia presence is likely in late 2020.

 

Source From Digital News Asia




IMPORTANT NOTICE ×

Dear Valued Entrepreneurs, Partners & Start-ups, The Malaysian Government has announced a Movement Control Order (MCO) from the 13th January – 26th January 2021 in 6 states including Kuala Lumpur by the Prime Minister, Tan Sri Muhyiddin Yassin on the 11th January 2021.


Please note that Cradle has never appointed any agent or representative to act on our behalf. If you have been approached by any party, who claims to be the representative or agent appointed by Cradle, who claims to be able to facilitate or guarantee in securing grants/funds from Cradle, whether in return for a fee/favour or otherwise OR if you have doubts about the authenticity and credibility of such party, please contact the Management immediately.