JobGet, a LinkedIn for hourly workers, acquires rival Snagajob

Acquisitions

Summary

JobGet, a Boston-based startup that operates an hourly job-hunting site with social features built in, à la LinkedIn, is acquiring Snagajob, one of its rivals in the U.S. market. JobGet claims this will make it the largest job platform targeting hourly and frontline workers in the U.S., covering 100 million people. The company has been around for 25 years (yes, dating to the first dot-com boom), and had raised a whopping $387 million in total from investors that include StarVest and Rho Ventures. In the last several years, weve seen a flurry of activity among tech companies building social, recruitment, and management tools targeting hourly workers. Dozens of startups, including JobGet, have launched and raised tens of millions of dollars to target the frontline, waged, and hourly worker opportunity.

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