Vimeo, Jobiqo, and Kormo: news of the job board world

October 15, 2019
JobBoardDoctor
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Vimeo Maybe things will slow down in December? Or maybe not. They certainly haven’t thus far, with a rebranding of Prime by Indeed, funding rounds by many different players, and Vimeo’s entrance into the job board world. So without further ado, let’s see what happened in the last 30 days:

Prime becomes Seen: Indeed has launched Seen by Indeed, a hiring platform aimed at employers seeking better matchmaking between themselves and technology professionals. The product is based on Indeed Prime but, the company said, “takes a more holistic view of tech talent.” Candidates have access to (free) personalized career guidance through webinars, work-style assessments and other channels. That includes one-on-one career-coaching sessions and tailored resume reviews. Sounds a bit like Hired, doesn’t it? In other Indeed news, a 14-year-old in Iowa advertised on Indeed for a ‘school shooter’; in an effort to get contact information on the alleged poster, officers tried to apply for the position. They were not able to complete the application. However, the teen was later identified and charged.
Google launches Kormo: India’s entry-level job search market has been invaded by Google through its new platform Kormo. Google Kormo is an app that helps the job seeker to connect with businesses that are looking to hire. Retail, logistics and hospitality are the three main sectors which Kormo is targeting. The app was built in Google’s in-house incubator for in-house projects, and was originally launched in Bangladesh in 2018.
Jobiqo lands investment: The founder and previous majority owner of Jobiqo, Klaus Furtmüller, has sold 50.1% of his shares to Russmedia International. In the course of the takeover, RMI is also investing a high six-figure sum in Jobiqo. In the past two years, Jobiqo – which was founded in 2011 – has tripled in terms of sales and number of employees, and has recently opened an office in London. Congrats!
Vimeo launches hiring site: Vimeo has announced a tool to help employers find and hire freelance video experts. The platform provides a “For Hire” marketplace that allows companies, agencies, brands and anyone who’s looking to produce high-quality videos to find the best talent for the job. Video freelance professionals can look for job openings in line with their expertise and find paying projects, said Vimeo, which takes no fee or commission. Smart move.
Techfynder expands: Techfynder, an online recruitment platform for IT contractors, plans to create 50 jobs in Dublin over the next two years as it seeks to expand beyond its home market and into Britain, the US and continental Europe. The service, which is available via a dedicated website and a mobile app, allows contractors to highlight their skills, experience, daily rates, location and length of contract sought, and match them with suitable companies. Techfynder is headquartered in Blanchardstown, Dublin. It intends to open an office in Austin, Texas, early next year, and is also targeting opportunities in Germany and Britain. Sounds like we’ll be hearing more of them.
Neuvoo lands funding: The Quebec-based aggregator Neuvoo received an equity investment of CA$53M from Caisse de dépôt et placement du Québec (CDPQ). At present, neuvoo posts around 30 million jobs on its site and receives 70 million hits each month across the globe. It expects to reach over 100 million visitors by January 2020. The company, whose annual revenues exceed CA$75 million, operates in 77 countries from its Montréal headquarters, and also maintains offices in Europe and Latin America. Congrats!
CareerBuilder debuts new tool: CareerBuilder has unveiled an updated AI-powered hiring and job-hunting platform that it says will allow employers to create job posts in four steps taking less than five minutes. The AI involved in the new tool will help recruiters write gender- and tone-neutral job descriptions to improve diversity and save time. Interesting.
Sales sourcing sites launches: Drum, billed as a marketplace for businesses both to source sales people and sell their goods and services, not just for SMBs but any direct online brands seeking to market to SMBs or consumers, has raised $11 million in funding to launch its company. “We’re democratizing access to a physical salesforce by aggregating all the fractionalised or partial demand into a common platform and dispersing that to individuals in the gig economy,” said Rob Frohwein — the CEO of Kabbage who is co-founding Drum with his Kabbage co-founder and COO Kathryn Petralia and Troy Deus. Very interesting.
DouPin raises funds: XiaoMei, the parent company of Chinese short video-based job board DouPin, has completed a series A+ funding round according to a report on Sohu.com. The total amount of the funding, and the backers have not yet been disclosed. According to the company’s website it primarily operates in “blue collar” job sectors like retail, beauty, food services and leisure. Video-based, eh? Interesting.