No Summertime Blues Here: The Latest Job Board and Online Recruiting News
It’s summertime, but you’d never guess it by the activity in our industry! Apparently no one is spending any time asleep in the backyard hammock. So let’s see what’s happening:
- Gild raises some more money: The tech employment service (not a job board!) Gild has raised another $13.5 million in funding, bringing its total funding to $27M. Is it making money? Gild isn’t saying, but they do claim 250 customers and 400% growth from 2012 to 2013.
- Dice’s Q1 earnings are up year over year: Dice Holdings says that they generated $60.7 million in earning for Q1 2014, a 20% over the same period in 2013. The increase is attributed to earnings from their many recent acquisitions (OnTargetJobs, OilCareers, The IT Job Board). Of course, operating expenses were – not surprisingly – up as well. Revenues from Dice.com dropped 4% from the previous year.
- LinkedIn releases Q1 results: LinkedIn’s Q1 2014 numbers show that 58% of the company’s earnings are derived from their Talent Solutions products. This percentage is essentially unchanged from the same time period in 2013. Net loss attributable to common stockholders for the first quarter was $13.4 million, compared to net income of $22.6 million for the first quarter of 2013. In other news, LinkedIn said it would begin aggregating lots of jobs. Why? Because it can, that’s why!
- Boxwood is acquired by Naylor: Naylor, LLC, a provider of outsourced business and communications services for associations, acquired Boxwood Technology for an undisclosed amount. Boxwood provides job board services for associations.
New site launched for finding job boards: Aktor Interactive, the French international recruitment media agency, has started a new dedicated website called Jobboardfinder.net. The fee-based service only covers Europe and the Middle East at present, although North American coverage is planned. Now why didn’t I think of that?
- Jobaline raises $7M: Jobaline has raised $7 million in Series B funding for a nationwide expansion of its mobile, bi-lingual marketplace for recruiting hourly workers. Jobaline already has expanded to the Portland, OR, area; Houston and Dallas, TX; Nashville, TN; and the New York City region. The system allows people to apply for jobs in English or Spanish, using nothing but a mobile phone. It verifies names, addresses, and other basic information against public records; performs a basic skills assessment; and conducts automated pre-screening interviews.
- Jibe nabs $20M: Jibe , Inc.has raised $20 million in a Series C financing round led by new investor, SAP Ventures. The money will be used to acquire new customers and move into international markets.
- iHire partners with LinkUp: LinkUp will provide an additional 250K job postings for iHire’s niche job boards each month. LinkUp scrapes these jobs directly from employer career sites.
- Wow! Lots of money floating around these days. See you next month!
Source: No Summertime Blues Here: The Latest Job Board and Online Recruiting News by Job Board Doctor