GlassDoor clones, hourly workers, and hiring sprees: news of the job board industry

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Latest NewsThere’s been no discernible increase or decrease in industry activity over the past month – in other words, things are still quite busy in the job board and online recruiting industry. I’m sure LinkedIn welcomed Daylight Savings Time as a chance to turn the clock forward and get past the last few months! So let’s see what’s happened:

  • Catapult raises fundsUK-based job search platform for temporary work Catapult raised £1 million in seed funding from several investors. The app-based service focuses on the retail and hospitality sectors specifically, and temp workers in general.
  • Staff Finder lands some cashStaff Finder, the European on-demand marketplace for temporary staffing, has closed a funding round led by One Peak Partners and Goldman Sachs Private Capital. Terms of the investment aren’t being disclosed, but the round is in the region of €20 million. The Zurich, Switzerland company says the new capital — its first institutional investment since being founded in 2011 — will be used for international expansion.
  • Jobaline launches new serviceJobaline has initiated the Jobaline Certified Partner Network, a program which provides ongoing support, training and certification for Jobaline’s partners. The program includes sales and technical certification, as well as co-marketing and business development initiatives. Jobaline – in case you’ve forgotten – focuses on hourly workers.
  • Headhunter.ru is soldMail.Ru Group Limited has sold HeadHunter.ru to an investor consortium led by Elbrus Capital for RUR 10 billion. The site is the largest job board in Russia. In FY15 HeadHunter’s revenue remained broadly flat, decreasing 1.5% to RUR 3,055 million.  Curious to see what happens next.
  • LinkedIn & Snagajob get closeLinkedIn has partnered with Snagajob, an online marketplace for hourly jobs, to better understand, and perhaps one day cater to, individuals who are working hourly and/or temporary jobs and do not register the employment via the professional social network. The LinkedIn-Snagajob partnership comes on the heels of a massive venture capital round for Snagajob, as it attracted $100 million from Rho Acceleration, NewSpring Capital and the Invus Group earlier this month. Interesting.
  • A competitor for GlassDoor With $6.5 million in funding from Crosslink Capital, Upfront Ventures, 500 Startups and others, Comparably is launching a platform for employment and salary information. The Santa Monica-based startup will use self-reported data that can also be sorted by gender, helping to highlight pay discrepancies. I suspect this won’t be the last GlassDoor competitor.
  • CareerBuilder gets into background screeningCareerBuilder has acquired Aurico, a leading provider of background screening and drug testing serving U.S. and international clients. Terms of the agreement were not disclosed. Another smart sideways move by CareerBuilder.
  • Indeed goes on hiring spreeIndeed currently occupies an entire building and a few floors of a second building in its Austin, Texas, location, for a total of 220,000 square feet – space that it will need. The company with 500 employees on site plans to hire another 1,000 employees within the next three years, said “Deko” Hisayuki Idekoba, its Chief Executive Officer. Wow.
  • Freelance action in Europetwago, Europe’s leading freelance marketplace, has acquired Spanish freelance platform Adtriboo. Financial details of the deal have not been disclosed yet. With the acquisition, twago is consolidating its position in the European and Spanish-speaking markets, since several countries in Latin America were serviced by Adtriboo in addition to Spain.

Well, enough for this round. See you next month!

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