The Caisse de dépôt et placement du Québec alongside several partners are participating in a US$120 million Series B funding round for a global job search platform.
The new funding will allow Talent.com to further expand to further its platform by improving the relevancy and efficiency of the search experience for job seekers, according to a press release, which also noted the funds will also be used to hire new team members globally, invest in product development, further establish the brand and scale its newest solutions for small- and medium-sized businesses.
Read: Caisse invests in B2B technology platform, CPPIB to build four London office towers
Talent.com, which is available in 78 countries and 29 languages, displays more than 30 million jobs from one million companies, with repeat and growing engagement from international brands.
“Talent.com continues to be a disrupter of the very large global recruiting industry and is well positioned to accelerate its impressive expansion through its ability to adapt to the changing market and technology,” said Alexandre Synnett, executive vice-president and chief technology officer at the Caisse, in the release.”Since our first investment in 2019, the company has tripled in size and we are committed in supporting its future growth.”
In other investment news, the Canada Pension Plan Investment Board has completed the acquisition of CeramTec, a German company that manufactures and develops advanced ceramic components, from the Ontario Teachers’ Pension Plan, the Public Sector Pension Investment Board and other co-investors.