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Recruiting startup SeekOut raises $65M to take on LinkedIn and other talent acquisition companies

GeekWire

From left to right: SeekOut CEO Anoop Gupta; SeekOut CTO Aravind Bala; Madrona Venture Group Managing Director and SeekOut board member S. It pulls information on potential hires from sites such as LinkedIn and GitHub; from research papers and patents; and other public domains. SeekOut Photo). SeekOut CEO and co-founder Anoop Gupta.

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Recruiting software company SeekOut lays off employees in another round of cuts

GeekWire

But the tech downturn that began later in 2022 caused companies to curb hiring and trim workforces — possibly reducing demand for a company like SeekOut. Jobs site Indeed laid off 8% of its workforce last week and did another round of layoffs last year, citing a “global slowdown in hiring.”

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SeekOut lays off 7% of staff in restructuring but plans to grow headcount this year

GeekWire

SeekOut is still hiring and plans to reach 225 employees by year-end. SeekOut CEO Anoop Gupta is a former technical assistant to Bill Gates who previously led Microsoft’s Unified Communications Group. The startup now has about 200 employees. The company raised $115 million last year, pushing its valuation past $1.2

CTO Hire 104
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Latest unicorn sighting in Seattle: SeekOut lands $115M to expand recruiting software

GeekWire

” The people: Gupta is a former technical assistant to Bill Gates who previously led Microsoft’s Unified Communications Group. “Building that culture from the very beginning, from every hire that you have, is really important,” Gupta said.

Software 129
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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says. Businesses are exploring new ways to apply low-code data science to unlock insights on how to improve processes, says Matt Mead, CTO at tech modernization firm SPR. “AI in 2023, the firm says.

Budget 145
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Meet the unicorns: A look at the 15 Seattle-area startups that boast valuations over $1 billion

GeekWire

Industry : Sales contract management software. Industry : Hiring and recruiting . From left to right: SeekOut CEO Anoop Gupta; SeekOut CTO Aravind Bala; Madrona Venture Group Managing Director and SeekOut board member S. GeekWire Photo / Kevin Lisota). billion after fresh $80M round. Valuation : $2.8 billion (as of March 2021).

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