Jobvite
{{Infobox company
| name = Jobvite, Inc.
| image = Jobvite logo.png
| image_size = 100px
| former_name = ForumJobs, Inc.
| type = Private
| foundation = 2006
| founders = Jesper Schultz and Hans Larsen
| hq_location = Indianapolis, United States
| locations = London, Indianapolis, Portland, Canada, United Kingdom
| industry = Software
| services = Software, Recruiting, Human Resources
| key_people = Peter Lamson, CEO
Jared Adams, COO
Joe Kuntz, CRO
| num_employees = 450
| homepage = {{URL|http://www.jobvite.com}}
}}
Jobvite Inc. is a software and recruiting corporation based in Indianapolis, Indiana in the United States.
History
Jobvite, Inc. was established in 2003 by Jesper Schultz and Hans Larsen, under the name ForumJobs, Inc.{{cite magazine|url=https://www.forbes.com/companies/jobvite|title=Jobvite|magazine=Forbes|accessdate=22 April 2016}} The company name was changed to Jobvite in 2006.{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=39476810|title=Company Overview of Jobvite, Inc.|last=|first=|date=|website=www.bloomberg.com|accessdate=2019-04-18}}
In July 2008, Dan Finnigan, formerly of Yahoo! and hotjobs.com, was appointed as the CEO of the company.
=Investments and company expansion=
In September 2010 Jobvite formed a partnership with SuccessFactors Business Execution (BizX) Suite. The partnership added over 8,000,000 users from BizX Suite to the Jobvite search platform.{{Cite web|url=https://finance.yahoo.com/news/Jobvite-Partners-With-iw-311700661.html|title=Jobvite Partners With SuccessFactors Bringing Power of Social Recruiting to Business Execution Suite|website=finance.yahoo.com|language=en-US|accessdate=2019-04-18}}
In October 2014, Jobvite received US$25 million in investments 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 more than $55 million at the time.{{cite news|author=Lunden, Ingrid|title=Jobvite Lands Another $25M For Its Recruitment-As-Marketing Analytics Platform|url=https://techcrunch.com/2014/10/07/jobvite-lands-another-25m-for-its-recruitment-as-marketing-analytics-platform|work=TechCrunch|date=7 October 2014|accessdate=22 April 2016}}
In August 2015, the company launched operations in London, England.{{cite web|author=England, Lucy|title=The firm that helps Twitter and LinkedIn recruit tech talent is coming to the UK|url=http://www.businessinsider.com/jobvite-opens-uk-office-2015-8?r=UK&IR=T|website=Business Insider|date=11 August 2015|accessdate=22 April 2016}} By 2019, the company had additional offices in Chicago, Boston, and Bengaluru, India.
In February 2019, K1 Investment Management invested more than $200 million in Jobvite. Part of the funds assisted in Jobvite's acquisition of three companies, Talemetry, RolePoint and Canvas. The acquisition resulted in an additional 2,000 customers for Jobvite, including Fortune 500 companies.{{Cite web|url=https://www2.staffingindustry.com/Editorial/Daily-News/Jobvite-gets-200-million-investment-acquires-three-companies-48983|title=Jobvite gets $200 million investment, acquires three companies|website=www2.staffingindustry.com|language=en-US|accessdate=2019-06-06}}
In April 2021, K1 Investment Management purchased and merged Jobvite with JazzHR and NXTThing RPO. Peter Lamson, the CEO of JazzHR, now serves as the CEO for the combined companies.{{Cite web|url=https://www2.staffingindustry.com/site/Editorial/Daily-News/Jobvite-JazzHR-and-NXTThing-RPO-combine-with-private-equity-acquisition-57473|title=JOBVITE, JAZZHR AND NXTTHING RPO COMBINE WITH PRIVATE EQUITY ACQUISITION companies|website=www2.staffingindustry.com|language=en-US|accessdate=2021-04-26}}
Services
{{Advert|date=December 2024}}
In 2014, Jobvite was cited as being a server to over 1,600 global companies, with over 46 million job seekers worldwide.{{cite news|url=https://venturebeat.com/2014/10/07/jobvite-lands-25m-to-continue-filling-the-entire-funnel-of-recruiting|title=Jobvite lands $25M to continue filling 'the entire funnel of recruiting'|date=7 October 2014|work=VentureBeat|accessdate=22 April 2016}} Jobvite specializes in the provision of a Software as a Service (SaaS) recruiting platform. Its clientele include Twitter, LinkedIn, Schneider Electric, and Gamesys.{{cite web|url=https://finance.yahoo.com/news/announcing-jobvites-2016-customer-summit-200000308.html|title=Announcing Jobvite's 2016 Customer Summit "Recruiting Reimagined" in San Francisco, May 17-18|date=19 April 2016|publisher=Yahoo Finance|accessdate=22 April 2016}}
Jobvite offers a number of features within its recruiting platform, including:
- Jobvite Video: a platform used for interviewing potential employees by video.{{cite magazine|title=5 video interviewing platforms put candidates on camera to help you hire your next star|url=http://www.pcworld.com/article/2061252/5-video-interviewing-platforms-put-candidates-on-camera-to-help-you-hire-your-next-star.html|magazine=PC World|accessdate=22 April 2016}}
- Jobvite Hire: an applicant tracking system (ATS) tool for monitoring and managing recruitment by both hiring managers and applicants,{{cite web|title=The Forrester Wave™: Talent Acquisition Vendors, Q3 2015|url=https://www.forrester.com/The+Forrester+Wave+Talent+Acquisition+Vendors+Q3+2015/fulltext/-/E-res118166|publisher=Forrester|accessdate=22 April 2016}}{{cite web|title=Jobvite: Staffing Software For A New Generation|url=http://www.recruitingdivision.com/jobvite-staffing-software-for-a-new-generation|publisher=Recruiting Division|accessdate=22 April 2016}}
- Jobvite Refer: a recruitment feature that allows employees to send out "jobvites" on social networking sites like Facebook and LinkedIn and monitor progress.{{cite web|url=http://www.jobvite.com/products/jobvite-refer|title=Jobvite Refer|publisher=Jobvite.com|accessdate=22 April 2016}}
- Jobvite Engage: a CRM for tracking and recording the interactions of qualified prospects from social networking sites and resumé databases.{{cite news|title=New Jobvite products: Engage and Refer|url=https://www.zdnet.com/article/new-jobvite-products-engage-and-refer/|work=ZDNet|access-date=22 April 2016}}
- Jobvite Onboard: a platform that houses traditional onboarding human resources materials in digitized form.{{Cite web|url=https://www.meldium.com/jobvite-leading-recruitment-industry-raises-200m-for-expansion|title=Jobvite – Leading Recruitment Industry raises $200M+ for Expansion {{!}} Meldium|date=14 February 2019|language=en-GB|accessdate=2019-06-06}}
In 2010, its most popular application was "Work With Us", which had roughly 5,000 active users every month at the time.{{cite book|last=Shih|first=Clara|title=The Facebook Era: Tapping Online Social Networks to Market, Sell, and Innovate|url=https://books.google.com/books?id=-JJO-7Swzy8C&pg=PT202|date=21 July 2010|publisher=Pearson Education|isbn=978-0-13-254245-6|page=202}}
Jobvite has become known for its surveys into social recruitment, and is frequently cited as a source by media outlets such as Time, Inc.,{{cite magazine|url=http://time.com/money/3614301/recruiters-social-media-job-search|archive-url=https://web.archive.org/web/20141210145911/http://time.com/money/3614301/recruiters-social-media-job-search|url-status=dead|archivedate=December 10, 2014|title=How Recruiters Are Using Social Media—and What It Means for You|magazine=Time|date=10 December 2014|accessdate=22 April 2016}} and numerous authors of books on social and human resource management.{{cite book|last1=DeCenzo|first1=David A.|last2=Robbins|first2=Stephen P.|last3=Verhulst|first3=Susan L.|title=Fundamentals of Human Resource Management, Binder Ready Version|url=https://books.google.com/books?id=-V4BCgAAQBAJ&pg=PA338|date=12 October 2015|publisher=John Wiley & Sons|isbn=978-1-119-03274-8|page=338}}{{cite book|last1=Rosen|first1=Larry D.|last2=Cheever|first2=Nancy|last3=Carrier|first3=L. Mark|title=The Wiley Handbook of Psychology, Technology and Society|url=https://books.google.com/books?id=ukTJBgAAQBAJ&pg=PA317|date=2 June 2015|publisher=John Wiley & Sons|isbn=978-1-118-77202-7|page=317}}{{cite book|last1=Williams|first1=Caitlin|last2=Reitman|first2=Annabelle|title=Career Moves: Be Strategic About Your Future|url=https://books.google.com/books?id=0Y0iAgAAQBAJ&pg=PA184|date=13 September 2013|publisher=American Society for Training and Development|isbn=978-1-56286-868-0|page=184}}{{cite book|last1=Coine|first1=Ted|last2=Babbitt|first2=Mark|title=A World Gone Social: How Companies Must Adapt to Survive|url=https://archive.org/details/worldgonesocialh0000coin|url-access=registration|date=17 September 2014|publisher=AMACOM|isbn=978-0-8144-3327-0|page=[https://archive.org/details/worldgonesocialh0000coin/page/228 228]}}
References
{{Reflist}}
External links
- [http://www.jobvite.com Official website]
- [https://rectec.io Recruitment Technology Comparison]
Category:Business services companies established in 2006
Category:Software companies based in the San Francisco Bay Area
Category:Online companies of the United States
Category:Privately held companies of the United States
Category:Cloud computing providers
Category:Professional networks