Online recruitment marketplace gatszu.com  has agreed a deal with Capital Business Media (CBM) that sees the London-based media group secure a 7% equity stake in the internet technology business.

Gatszu.com is an online platform that connects employers to a nationwide network of fully vetted, independent recruitment agencies. It gives employers the opportunity to upload their vacancies onto the platform for free, before setting the fixed fee they would be prepared to pay an agency should they successfully place a candidate within the employer’s organisation.

Under the agreement, CBM will also give gatszu.com funds to further develop the functionality of its website, employ sales staff and increase its marketing activity as well as a partnership with CBM’s monthly title Business Matters magazine.