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Japan Based Company Acquires Hiring Platform Glassdoor for $1.2 Bn

9May By Sheldan RungasamyNo Comments

ACQUISITION

Japan Based Company Acquires Hiring Platform Glassdoor for $1.2 Bn

Recruit Holdings, a Japan-based HR services provider announced on Wednesday that it reach an agreement with California-based job site operator Glassdoor to acquire the company for $1.2 billion to get access to the database of company reviews and salary data. Glassdoor is a private company founded in 2007 that allows its employees and former employees to anonymously review companies for which they work or previously worked for and their management as well. TechCrunch defines the company as a site that “collects company reviews and real salaries from employees of large companies and displays them anonymously for all members to see.” The company last received decent funding throughout its years of activity. The company raised a Series B funding round of $3 million in 2008 from Benchmark...

Jobs Aggregator Platform Glassdoor Raises $40 million Funding

Glassdoor, Inc., the world's most transparent jobs and recruiting marketplace, today announced the closing of a $40 million investment round led by funds and accounts advised by T. Rowe Price Associates, Inc. Existing investors Battery Ventures, Google Capital, Sutter Hill Ventures and Tiger Global also participated in the round. The company has raised approximately $200 million since it was founded in 2007. While best known for its proprietary user-generated content, Glassdoor is now one of the largest job aggregation engines in the world. No other job site offers as many job listings combined with such a vast array of workplace insights, including company ratings and reviews, CEO approval ratings, detailed pay data by job title, interview reviews, benefits reviews and office photos...

The Top 10 Companies to Work for in 2016

If you are a business owner, providing perks for your employees is a great way to boost morale and increase productivity. Perks like health insurance (visit this website for more information) and paid sick days are vital to keep your employees happy. If you are a small business then you obviously can't provide massive perks like multi-billion dollar businesses are about to. Every year jobs and career site Glassdoor publishes the 10 best large companies to work for, as ranked by employees. Typically, it's not hard to predict who will make the list. Benefit-happy tech companies like Facebook, LinkedIn and Twitter are safe bets. Case in point: Last year, Google nabbed the top spot. This year, however, Google's place on the throne has been usurped by a dark horse candidate. In fact, in t...