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

GeekWire

SeekOut is still hiring and plans to reach 225 employees by year-end. It pulls data on more than 700 million potential candidates from a myriad of sources, including GitHub and published papers. Its investors include Tiger Global Management, Madrona Venture Group, Mayfield, and others. The startup now has about 200 employees.

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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 Series B round, led by Tiger Global with participation from Madrona Venture Group and Mayfield, values the company at close to $500 million. SeekOut Photo).

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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%).

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

GeekWire

It pulls data on more than 700 million potential candidates from a myriad of sources, including GitHub and published papers. The software also features built-in diversity filters at a time when companies are looking to accelerate DEI efforts. . Other investors include Madrona Venture Group and Mayfield.

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

GeekWire

Before we learn more about the current crop of Seattle area unicorns, a few interesting facts about this group of 15: None of the Seattle area unicorns boast a female or Black CEO, a disappointing statistic that signals how the venture and startup community has a long way to go to diversify. Industry: Enterprise customer data.

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