Jun
20
2018
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Beamery closes $28M Series B to stoke support for its ‘talent CRM’

Beamery, a London-based startup that offers self-styled “talent CRM”– aka ‘candidate relationship management’ — and recruitment marketing software targeted at fast-growing companies, has closed a $28M Series B funding round, led by EQT Ventures.

Also participating in the round are M12, Microsoft’s venture fund, and existing investors Index Ventures, Edenred Capital Partners and Angelpad Fund. Beamery last raised a $5M Series A, in April 2017, led by Index.

Its pitch centers on the notion of helping businesses win a ‘talent war’ by taking a more strategic and pro-active approach to future hires vs just maintaining a spreadsheet of potential candidates.

Its platform aims to help the target enterprises build and manage a talent pool of people they might want to hire in future to get out ahead of the competition in HR terms, including providing tools for customized marketing aimed at nurture relations with possible future hires.

Customer numbers for Beamery’s software have stepped up from around 50 in April 2017 to 100 using it now — including the likes of Facebook (which is using it globally), Continental, VMware, Zalando, Grab and Balfour Beatty.

It says the new funding will be going towards supporting customer growth, including by ramping up hiring in its offices in London (HQ), Austin and San Francisco.

It also wants to expand into more markets. “We’re focusing on some of the world’s biggest global businesses that need support in multiple timezones and geographies so really it’s a global approach,” said a spokesman on that.

“Companies adopting the system are large enterprises doing talent at scale, that are innovative in terms of being proactive about recruiting, candidate experience and employer brand,” he added.

A “significant” portion of the Series B funds will also go towards R&D and produce development focused on its HR tech niche.

“Across all sectors, there’s a shift towards proactive recruitment through technology, and Beamery is emerging as the category leader,” added Tom Mendoza, venture lead and investment advisor at EQT, in a supporting statement.

“Beamery has a fantastic product, world-class high-ambition founders, and an outstanding analytics-driven team. They’ve been relentless about building the best talent CRM and marketing platform and gaining a deep understanding of the industry-wide problems.”

Sep
28
2017
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Facebook partners with ZipRecruiter and more aggregators as it ramps up in jobs

job listing Facebook has made no secret of its wish to do more in the online recruitment market — encroaching on territory today dominated by LinkedIn, the leader in tapping social networking graphs to boost job-hunting. Today, Facebook is taking the next step in that process. Facebook will now integrate with ZipRecruiter — an aggregator that allows those looking to fill jobs to post ads to… Read More

May
15
2017
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Riminder uses deep learning to better match people to jobs

 There’s nothing efficient about sorting through 30,000 resumes by hand. Recruiters spend months evaluating applicants only to have great prospective candidates get lost in the pile. At TechCrunch’s Startup Battlefield, French startup Riminder made the case for how its deep learning-powered platform could augment recruiters — helping them better surface ideal contenders for… Read More

Feb
10
2017
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YC-backed Pilot is building a contractor platform geared for the future of work

desktop What’s a six year old startup doing entering Y Combinator? Plotting a new growth trajectory after a pivot. Pilot may be a veteran in Silicon Valley startup terms but it reckons the freelance contractor marketplace model it switched to around a year and a half ago is ideally positioned to serve a future of work that’s increasingly fragmented and distributed. Read More

Oct
05
2016
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LinkedIn will now let you discreetly signal when you’re looking for a job

7435061864_9851a35e25_k One of the hallmarks of any social network is how it pushes people to share their experiences with others, but increasingly we’ve seen a lot of moves by social platforms to give people the option to remain very private, if they choose.
One of the latest moves on this front comes from LinkedIn, the social network for the working world with some 450 million members and currently getting… Read More

Jun
03
2016
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Glassdoor raises $40M, valued around $1B, for a job search platform with peer reviews

GLASSDOOR THUMBNAIL As the job market becomes more competitive in some industries and unemployment holds steady and even drops in certain regions, job site Glassdoor is reaping some of the rewards. The company — which helps people look for jobs and research companies that interest them based on feedback from others — has raised another $40 million in funding, a Series H round that values the company… Read More

Apr
19
2016
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LinkedIn doubles down on Recruiter, its big revenue generator, with a major update

shutterstock_257480485 LinkedIn — the social platform used by 400 million professionals looking to network or find work —  has taken a major tumble in the markets in the last few months over weak financial guidance amid slowing growth. So this week, ahead of its next quarterly earnings on April 28, LinkedIn is shoring up in areas where it’s either already strong or banking on growing… Read More

Oct
27
2015
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Connectifier Raises $6M More For Its AI-Based Recruitment Search

magnifying glass, explore A couple of weeks ago, LinkedIn announced a new version of its recruitment product, giving HR teams the ability to look for new hires that most closely match the profiles of employees they already know and like. But LinkedIn was not the first to use search technology, machine learning and so-called “entity recognition” to update and improve the hiring process. A much… Read More

Jun
16
2015
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Ex-Googlers Raise $6M For Connectifier, An AI Approach To Recruitment Search

connectifier Sites like LinkedIn and Monster.com have become online mainstays both for people looking for jobs and also companies looking to find the right people to fill a role. Now a new startup hopes to turn the recruitment process on its head through artificial intelligence and powerful search software that crawls across many sources at once to build up some 300 million online profiles to find the… Read More

Mar
16
2015
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LinkedIn Buys Careerify To Build Out Its Big Data Recruitment Business

linkedin-logo LinkedIn has made another acquisition to build out its big data recruitment business. It’s acquired Careerify, a startup based out of Toronto, Canada, that focuses on software for businesses to hire people.
Two of Careerify’s products — an employer branding software product (intended to help companies appear more attractive to prospective candidates) and “internal… Read More

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