Monster Worldwide gobbles up US recruiting startups Talentbin and Gozaik

By VCPOST Staff Reporter

Feb 24, 2014 09:31 PM EST

This image file contains the company logo of New York, US-based online employment solutions firm Monster Worldwide. (Photo : Monster)

Monster Worldwide annouced today that it has purchased two startups TalentBin and Gozaik, which both allow employers to recruit workers via social networks, according to TechCrunch. The financial terms of the acquisition were not disclosed in the said report.

The aproximate date of the aquisition were within the first quarter this year. More details will be released at an investor breifing on May 14. 

Monster Chief Executive Officer (CEO) Sal Iannuzzi said in his acquisition announcement: "The acquisition of TalentBin and Gozaik completes one key component of a larger strategy designed to help our business grow."

According to TalentBin, it is a "talent search engine" that collects information about potential employees from social networking sites such as Facebook, Twitter, and Quora. It also provides tools that employers can use to communicate to their chosen candidates. The startup raised a total of $3.2 million in funding from its investors, the report detailed.

Gozaik only annouces the aquisition from this deal and not much more. According to the report from TechCrunch referencing the release "the company allows employers to post targeted job ads on social networks." 

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