Jobvite

Jobvite, Inc.
Formerly called
 ForumJobs, Inc.
Private
Industry software
Founded 2006
Founders Jesper Schultz and Hans Larsen
Headquarters San Mateo, California, United States
Number of locations
 London, United Kingdom
Key people
 Dan Finnigan, CEO
Services software recruiting human resources
Number of employees
 180
Website www.jobvite.com

Jobvite Inc. is a software and recruiting corporation, based in San Mateo, California. The firm, which operates globally, is involved with the provision of a Software as a Service (SaaS) social recruiting platform, enabling companies to advertise jobs and manage the recruitment process. Its web-based service enables its clientele to create job invitations, known as "jobvites". In 2014, Jobvite was cited as being a server to over 1600 global companies, with over 46 million job seekers worldwide. Forbes ranked them at #50 on their "America's Most Promising Companies List".

Jobvite has become known for its surveys into social recruitment, and is frequently cited as a source by media outlets such as Time, Inc., and numerous authors of books on social and human resource management.

History

Jobvite, Inc., which has its headquarters in San Mateo, California,[1] was established in 2006 by Jesper Schultz and Hans Larsen.[2] In December 2007 the company raised $7.2 million in venture funding with CMEA Ventures, which brought it into the spotlight.[3]In July 2008, Dan Finnigan, formerly of Yahoo! and HotJobs, was appointed as the CEO of the company.[4] Finnigan immediately hired two former colleagues from Yahoo, engineering senior director Adam Hyder as chief technology officer, and marketing officer Tim Lambert as chief.[3]Forbes later ranked them at #50 on their "America's Most Promising Companies List".[2]

In September 2010 Jobvite formed a partnership with SuccessFactors, which increased their userbase by a further 8 million plus users from the BizX Suite network. Four years later, in October 2014, Jobvite announced that it had received $25 million in investment from New York City-based growth equity firm Catalyst Investors. They joined Trident Capital, CMEA Capital, and ATA Ventures as one of the firm’s chief investors. Investment in the company amounted to over $55 million at the time.[5]

In August 2015, the company launched operations in London, England.[6] On May 17-18 2016 the firm will hold its 8th annual Customer Conference in San Francisco, and will feature a keynote speech from marketing specialist Guy Kawasaki.[7]

Services

In 2014, Jobvite was cited as being a server to over 1600 global companies, with over 46 million job seekers worldwide.[1] Jobvite specializes in the provision of a Software as a Service (SaaS) recruiting platform. Its web-based service enables its clientele to create job invitations, known as "jobvites", to business associates and employees, or on social networking sites such as Facebook or LinkedIn, making it a viable social recruiting provider to companies to post job openings and manage the recruitment process.[5] Its clientele include Twitter, LinkedIn, Schneider Electric, and Gamesys.[7]

Jobvite has a number of products in its recruiting software. These include “Jobvite Video”, for interviewing potential employees by video,[8] "Jobvite Hire”, an applicant tracking system (ATS) tool for monitoring and managing recruitment,[9][10] "Jobvite Refer", for employees to send out "jobvites" on social networking sites and monitor progress,[11] and ”Jobvite Engage”, a CRM for tracking and recording the interactions of qualified prospects from social networking sites and résumé databases.[12] In 2010 its most popular application was “Work With Us”, which had roughly 5,000 active users every month at the time. [13]

Jobvite has become known for its surveys into social recruitment, and is frequently cited as a source by media outlets such as Time, Inc.,[14] and numerous authors of books on social and human resource management.[15][16][17][18]

References

  1. 1 2 "Jobvite lands $25M to continue filling 'the entire funnel of recruiting'". VentureBeat. 7 October 2014. Retrieved 22 April 2016.
  2. 1 2 "Jobvite". Forbes. Retrieved 22 April 2016.
  3. 1 2 "Jobvite Boosts Its Profile Among Web-Based Recruiters". Workforce.com. 24 September 2008. Retrieved 22 April 2016.
  4. ↑ "Daniel J. Finnigan". Bloomberg. Retrieved 22 April 2016.
  5. 1 2 Lunden, Ingrid (7 October 2014). "Jobvite Lands Another $25M For Its Recruitment-As-Marketing Analytics Platform". TechCrunch. Retrieved 22 April 2016.
  6. ↑ England, Lucy (11 August 2015). "The firm that helps Twitter and LinkedIn recruit tech talent is coming to the UK". Business Insider. Retrieved 22 April 2016.
  7. 1 2 "Announcing Jobvite's 2016 Customer Summit "Recruiting Reimagined" in San Francisco, May 17-18". Yahoo Finance. 19 April 2016. Retrieved 22 April 2016.
  8. ↑ "5 video interviewing platforms put candidates on camera to help you hire your next star". PC World. Retrieved 22 April 2016.
  9. ↑ "The Forrester Wave™: Talent Acquisition Vendors, Q3 2015". Forrester. Retrieved 22 April 2016.
  10. ↑ "Jobvite: Staffing Software For A New Generation". Recruiting Division. Retrieved 22 April 2016.
  11. ↑ "Jobvite Refer". Jobvite.com. Retrieved 22 April 2016.
  12. ↑ "New Jobvite products: Engage and Refer". ZDNet. Retrieved 22 April 2016.
  13. ↑ Shih, Clara (21 July 2010). The Facebook Era: Tapping Online Social Networks to Market, Sell, and Innovate. Pearson Education. p. 202. ISBN 978-0-13-254245-6.
  14. ↑ "How Recruiters Are Using Social Media—and What It Means for You". Time. 10 December 2014. Retrieved 22 April 2016.
  15. ↑ DeCenzo, David A.; Robbins, Stephen P.; Verhulst, Susan L. (12 October 2015). Fundamentals of Human Resource Management, Binder Ready Version. John Wiley & Sons. p. 338. ISBN 978-1-119-03274-8.
  16. ↑ Rosen, Larry D.; Cheever, Nancy; Carrier, L. Mark (2 June 2015). The Wiley Handbook of Psychology, Technology and Society. John Wiley & Sons. p. 317. ISBN 978-1-118-77202-7.
  17. ↑ Williams, Caitlin; Reitman, Annabelle (13 September 2013). Career Moves: Be Strategic About Your Future. American Society for Training and Development. p. 184. ISBN 978-1-56286-868-0.
  18. ↑ Coine, Ted; Babbitt, Mark (17 September 2014). A World Gone Social: How Companies Must Adapt to Survive. AMACOM. p. 228. ISBN 978-0-8144-3327-0.

External links

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