Zapoint, a career and talent management platform, has acquired Jobster from Recruiting.com. Terms of the deal were not disclosed. Both sites are planning to retain their separate identities, however; Jobster will offer new career management tools that are “Powered by Zapoint”.
Founded in 2004, Seattle-based Jobster is an online job board that has had a rough time over the past few years. The company radically changed its business model and suffered several rounds of layoffs. In 2006, Jobster acquired the Recruiting.com domain name and blog, and subsequently operated its business-to-business online recruiting tools under that brand. Last year, Jobster officially changed its name to Recruiting.com. As part of the deal, Recruiting.com is selling Jobster and its technology to Zapoint; and Recruiting.com will remain as an independent company. We are told Jobster and Recruiting’s CEO Jeff Seely will remain with Recruiting.com.
Zapoint develops SkillsAssessment, a technology that gives a quantitative value to the skills and value of employees and prospective job applicants. Additionally, Zapoint’s SkillsMapper product helps employers identify potential skill gaps in the organization, giving hiring managers a guide more effective hiring. Zapoint says Jobster’s talent profiling capabilities will be complimentary to SkillsMapper and will also add a number of users to Zapoint’s technologies. Currently Jobster has around 800,000 users on its social job search platform. Jobster has raised a total of $55 million in funding since its launch.
Jobster, a Seattle-based job-focused vertical search engine. Jobster now brings most Web 2.0 features that you can imagine into the job search space. If Monster is the blue chip job search company in the accelerated history of web services then Jobster is trying to make itself the hip new player. Jobster integrates social networking elements with vertical job search and targeted advertising technologies to connect users with people, information, and opportunities to further their careers. Unlike a traditional job board,...
Founded in March 2006, Zapoint develops career planning and learning technology designed to help companies build more effective partnerships between HR and employees. Headquartered in Cambridge, MA, Zapoint helps organizations engage, retain and develop their workforces, to sustain their competitive advantage. Across the world, employees use Zapoint to manage their career from both inside and outside their company. To learn more, visit www.zapoint.com.
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