LinkedIn To Acquire Job Search Startup Bright

Selena Larson Author: Publish date: Section: Social Interaction count: 3

LinkedIn announced it will acquire Bright for $120 million.

 

LinkedIn will acquire job search company Bright for $120 million, the company announced Thursday

Bright uses big data and machine learning algorithms to match prospective candidates with companies that are hiring. Bright has posted almost 63 million job applications since launching in February 2011.

“What LinkedIn does best is connect talent with opportunity at massive scale,” said Deep Nishar, LinkedIn's SVP of Products and User Experience. “By leveraging Bright’s data-driven matching technology, machine-learning algorithms and domain expertise, we can accelerate our efforts and build out the Economic Graph.”

LinkedIn will acquire several members of Bright’s team, including those from the company's engineering and product departments. Bright’s users and customers will be able to access their existing personal data on its website through February 28.

LinkedIn's VP of product for Talent Solutions Parker Barrile formally welcomed Eduardo Vivas and the Bright team on the LinkedIn blog.