You wouldn’t know it by just looking at it, but the job search market is hot. Well, the tech side of it, at least. Indeed recently sold for just under $500M to a Japanese Investment firm. Taleo and Kenexa, applicant tracking system, were acquired for over a billion each.
ResumeRobin.com, a resume distribution service started in a Southern California garage by a small team of two out of work software engineers, is worth nearly a billion, disclosed by its latest funding round. That’s right, a billion with a capital “B”. The company distributes your resume to a multitude of job portals and recruiters.
Job search remains a problematic area. The market is dominated by CareerBuilder, Monster, Indeed and Craigslist. ResumeRobin addressed the problem that every job seeker faced: it takes a lot of effort and time to submit your resume to even those four. Taleo and Kenexa both still have a very cumbersome resume submission process. With ResumeRobin’s service, resumes can be submitted quickly and easily through one portal.
The online job market continues to evolve and new companies are popping up daily. It remains to be seen which will come out on top.
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