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Recruiting startup SeekOut raises $65M to take on LinkedIn and other talent acquisition companies

GeekWire

From left to right: SeekOut CEO Anoop Gupta; SeekOut CTO Aravind Bala; Madrona Venture Group Managing Director and SeekOut board member S. The 4-year-old company is profitable and saw annual recurring revenue spike 10X over the past 21 months. Customers : SeekOut is used by six of the world’s top 10 most valuable companies.

CTO Hire 140
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SeekOut lays off 7% of staff in restructuring but plans to grow headcount this year

GeekWire

The company confirmed the layoffs in response to a GeekWire inquiry Wednesday, citing a restructuring to align with growth investment areas. SeekOut is still hiring and plans to reach 225 employees by year-end. The company raised $115 million last year, pushing its valuation past $1.2 The startup now has about 200 employees.

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Latest unicorn sighting in Seattle: SeekOut lands $115M to expand recruiting software

GeekWire

The tech: SeekOut’s software is used by more than 1,000 companies such as UiPath and Experian to help with recruiting. The software also features built-in diversity filters at a time when companies are looking to accelerate DEI efforts. The company is now valued at $1.2

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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

The company is embedding AI into each level of the tech stack it sells to customers, he says. “We We run factories and help companies run them and optimize them” and AI is used to optimize everything from getting more throughput to better quality to preventative maintenance, productivity, and cost optimization, Nardecchia says.

Budget 145
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Meet the unicorns: A look at the 15 Seattle-area startups that boast valuations over $1 billion

GeekWire

These once elusive creatures of the corporate world — privately-held companies valued at a $1 billion or more — certainly are plentiful these days. And then today, another blockbuster unicorn boosted its valuation, with Seattle-based sales engagement software company Highspot raising $248 million at a $3.5 billion valuation.

Meeting 139