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Japan — Recruit invests in technology firm DataRobot

17 November 2015

Global staffing provider Recruit Holdings Co. Ltd. invested in another technology company — DataRobot Inc., a provider of platforms for machine learning based in Boston. Recruit also formed a partnership between DataRobot and the Recruit Institute of Technology, the artificial intelligence research laboratory of Recruit.

With the investment and the partnership, Recruit aims to contribute to the development of general machine learning platforms to improve operational efficiency of data scientists and also assist those who aren’t data scientists utilize data.

DataRobot “offers a machine learning platform for data scientists and business analysts to build and deploy accurate predictive models in a fraction of the time it used to take,” according to Recruit. “The technology addresses the critical shortage of data scientists by changing the speed and economics of predictive analytics.”

The amount of the investment was not announced. However, Recruit has recently been investing in several other technology firms. Last month, it announced an investment in Kabbage Inc., an online platform that provides automated lending. In July, it invested in HackerRank, a technical recruitment platform, and invested in Fishbrain, an online fishing site, in July. It also acquired Treatwell Holdings BV, a European online hair and beauty marketplace, in June.

Recruit ranks as one of the world’s largest staffing firms, but it operates other business, including publishing operations in Japan.