LinkedIn announced late last week that it would acquire job site Bright for $120 million in its largest acquisition yet. Launched in 2010, Bright uses data science to match job seekers and employers using a matching feature called the “Bright Score” that uses thousands of data points from job listings and resumes.
Steve Goodman — CEO of Bright, told Mashable:
“We’re trying to map every skill to every job to every occupation clarification to every job function to every company.”
The two companies will work together to bring the “Bright Score” technology to the larger LinkedIn community.
“We decided to join LinkedIn because of what we lacked – the ability to apply this technology across the entire economy. We share LinkedIn’s passion for connecting talent with opportunity at massive scale. And we agree that the old models for online recruiting are hopelessly broken.”
— Eduardo Vivas, Founder of Bright
Bright had raised $20 million in funding to date and LinkedIn’s major previous acquisitions have included SlideShare for $119 million and Pulse for $90 million.