Indeed

Indeed
Type of site
Job search engine
Founded 2004 (2004)
Headquarters Austin, Texas & Stamford, Connecticut
Owner Recruit
Founder(s) Paul Forster
Rony Kahan
Website indeed.com
Alexa rank Positive decrease 167 (June 2018)[1]
Commercial Yes
Current status Active

Indeed is an American worldwide employment-related search engine for job listings launched in November 2004. It is a subsidiary of Japan's Recruit Co. Ltd. and is co-headquartered in Austin, Texas and Stamford, Connecticut with additional offices around the world.[2] As a single-topic search engine, it is also an example of vertical search. Indeed is currently available in over 60 countries and 28 languages. In October 2010, Indeed.com passed Monster.com to become the highest-traffic job website in the United States.[3]

The site aggregates job listings from thousands of websites, including job boards, staffing firms, associations, and company career pages. In 2011, Indeed, began allowing job seekers to apply directly to jobs on Indeed's site[4] and offering resume posting and storage.[5]

History

Indeed was co-founded by Paul Forster and Rony Kahan in 2004 in both Austin, Texas and Stamford, Connecticut.[6] The Stamford offices house the company’s sales, client services, finance and human resources teams while the product development staff is based in Austin.[2]

In 2005, Indeed launched their beta version of what they refer to as "pay-per-click job advertising network".[7] In addition to searching job postings, it also allows the occurrence of words therein to be plotted over time, ostensibly as an indicator of trends in the job markets. The company took an investment round of $5 million in funding from Union Square Ventures, The New York Times and Allen & Company.[8]

In 2007, Indeed became profitable, with no new additional funding needed.[8]

On October 1, 2012, Indeed became an independent operating unit of Japan-based Recruit Co. Ltd.[9]

On July 1, 2016, Recruit Holdings Co., Ltd. announced that it has acquired the assets of Indeed's competitor Simply Hired, which would become a publishing partner of Indeed.[10]

Services

Services include job search, recommended job, job trends, résumé upload, storage and search,[5] industry trends, salary search, job competition index, and website forums.

See also

References

  1. "Indeed.com Site Info". Alexa Internet. Retrieved June 22, 2016.
  2. 1 2 "Indeed announces plans for several hundred new Stamford jobs". StamfordAdvocate. Retrieved 2018-01-20.
  3. "Indeed Slips Past Monster, Now Largest Job Site By Unique Visitors". Retrieved December 9, 2010.
  4. "New Feature: Indeed Apply". Resfly Blog. Resfly. Archived from the original on February 23, 2012. Retrieved February 21, 2012.
  5. 1 2 Zappe, John (September 14, 2011). "Indeed Makes it Official and Launches Resume Search". ere.net. Retrieved January 12, 2014.
  6. "Founders". InternetInc.com. Retrieved 2014-08-23.
  7. Baker, Loren (2006-05-16). "Indeed.com Launches Job Search PPC Advertising Network". Search Engine Journal. Retrieved 2008-04-09.
  8. 1 2 Shontell, Alyson (25 September 2012). "Indeed, An Almost Entirely Bootstrapped Job Search Giant, Gets A Monster Exit". Business Insider. Retrieved 28 February 2018.
  9. "Indeed Announces Acquisition by Recruit Co. Ltd". Retrieved 2012-10-01.
  10. Lunden, Ingrid. "Indeed owner Recruit Holdings confirms acquisition of Simply Hired". Techchrunch. Retrieved 1 July 2016.


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