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In Tech: LinkedIn releases new tools, Recruit makes investments, Personio raises $12 million

August 16, 2017

In tech news, LinkedIn announced a new product for staffing firms, Recruit Holdings Co. Ltd. invested in Mara Labs and announced it had a 39.0% stake in China-based job board 51Job.

Here’s some of the most recent talent tech news:

LinkedIn

LinkedIn on Tuesday announced a new product for staffing firms called “Career Pages for Staffing Firms.” It adds a “client view” option in addition to the candidate view that enables staffing firms to show content for clients separately from content for candidates; this includes separate testimonials sections from satisfied clients and candidates. It also includes a customizable “contact us” module for both clients and candidates.

In addition, LinkedIn announced another product for recruiters called “Pipeline Builder.” Using the product, recruiters can reach out to candidates through ads on LinkedIn directed at members who fit specific search criteria, then direct candidates to personalized landing pages with details and an “I’m interested” button.

Recruit Holdings Co. Ltd.

Recruit Holdings Co. Ltd., one of the world’s largest staffing providers, invested in Mara Labs Inc. The company is headquartered in the US and has an office in Bangalore, India. Mara Labs’ provides a logistics optimization platform called “Locus” through its Indian subsidiary Mara Studies Pvt. Ltd. which uses natural language processing and machine learning to determine precisely the location information for vaguely formatted addresses. Recruit reported this is a major issue facing logistics operations in India. The product also determines the optimum delivery route.

51Job

Recruit also now owns a 39.0% stake in 51Job, a China-based job board and HR provider, according to a filing with the US Securities and Exchange Commission. In addition to staffing, Recruit owns US-based job board Indeed.

Personio

Personio, a German HR management and recruiting platform, announced it raised $12 million in a series A funding round. It offers a job posting solution and an ATS. It provides other HR services as well including attendance tracking, on/offboarding and performance tracking.

TimeSaved

TimeSaved is launching a new app this month that intends to ease how staffing firms communicate with their external workers. The white-label, Uber-like app enables staffing firms to put their workers on an online platform, through which they can sign up for jobs, although the staffing agency would have ultimate say over who gets an assignment among workers who respond in the affirmative. TimeSaved’s app also allows for two-way communication with workers, including by text, and staffing firms can use smart phone’s location ability to notify staffing firms where a worker is, allowing the company to notify clients if a worker is running late. Microsoft has provided funding to the venture, which is based in Toronto and led by CEO Rohan Jacob.

Jinn

UK-based human cloud delivery firm Jinn is not profitable after withdrawing out of all markets outside of London, TechCrunch reported. Jinn’s delivery service uses independent contractors to handle delivery. The company operates similar to Postmates in the US.

Werk

Werk, a job board featuring flexible jobs, received $2.85 million in seed funding, Fast Company reported. The funding round was led by Rethink Impact, a $112 million female-run venture fund.