Dive Brief:

• CampusTap, a Boston-based social network aimed at helping college students find internships and jobs, has raised $500,000 from seed investors.
• According to the Boston Business Journal, the angel investors contributing to the fundraising round were led by two Boston investors: Douglas Leighton at Dutchess Capital and Bob DeMaria at Rally Software in Colorado.
• The CampusTap platform is now in use by the Massachusetts Institute of Technology and Suffolk University.

Dive Insight:

CampusTap helps students keep track of their academic interests and activities outside of school, using that information to suggest career opportunities and internships. It was developed by Remy Carpinito, a Suffolk University graduate, in 2013. CampusTap will use the seed funding for development and adding engineers to help its mobile launch. The social network was launched with a test group of 500 students at Suffolk, then went out to customers at MIT and the Sawyer Business School at Suffolk.