Redmatch is set for a London IPO

Redmatch is set for an IPO in the london stock exchange. Redmatch has a technology to manage employee recruiting on-line, and has a company in China, in partnership with a local chinese company. They are hoping to make tens of millions of dollars in profit from the chinese venture in the coming years.

Redmatch has raised around 6.5M$ from DZ VC and other private investors. They have around 4M$ revenues so far.

Read more here (TheMarker, hebrew)