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.