LinkedIn Acquires Careerify to Build on Big Data Recruitment

Careerify has been acquired by LinkedIn.

The Toronto startup was scooped by up LinkedIn for an undisclosed sum.

“We decided to join LinkedIn due to what we lacked: massive scale,” says Harpaul Sambhi, founder of the Canadian company. “LinkedIn offers an opportunity to make a much larger impact on job seeking and hiring.”

Careerify will no longer focus its efforts on internal mobility and employer branding, Sambhi says. Instead, “we’ll focus purely on further improving our employee referral software for existing customers, and will not be taking on new customers.”

Careerify launched in 2009 to eradicate unemployment globally by combining social networking, an incentive based program, and a matching system to streamline the hiring process for all parties involved.