The arms race for talent is on

The online recruiting space has continued to grow over the last 20 years. Since the first wave of online job sites like Monster, Hotjobs, Jobstreet and CareerBuilder, online recruitment has been through multiple evolutions, spawning numerous competitors, all of them needing to innovate existing technologies to make job matches more efficient. With the job market picking up, competition in the recruitment space has become so fierce that job sites are now running harder than ever to produce the best tools and technology to ultimately capture market share. Investors remain extremely bullish about the online recruitment space. In August, Jobandtalent, a recruitment site designed to better match job hunters with jobs, raised $14 million in Series A funding. In the same month, Lagou, a recruitment site in China, raised $25 million Series B, while ZipRecruiter took $63 million Series A. Today, Jobvite, a recruiting platform for the social web, received $25 million Series D.

You can read about the fundingĀ here.

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