General AI News

Perplexity acquires Read.cv, a social media platform for professionals

Read.cvA social media platform for professionals that competes with LinkedIn has been acquired by an AI-powered search engine. confusion.

As part of the deal, Read.cv will begin winding down operations today. Users will be able to export their data including their profile, posts and messages till May 16.

“We have long admired confusion and believe that great things happen when the world’s knowledge is made more open and accessible,” reads a post from Read.cv. Blog. “In that spirit, we are thrilled to join the design and engineering teams at Perplexity to continue our shared mission of exploration and discovery.”

A Perplexity spokesperson confirmed the acquisition to TechCrunch via email, but did not provide any additional details.

“We are excited to have the Read.cv team join Perplexity,” Perplexity CEO Arvind Srinivas wrote in a post on X. “The team is incredibly capable of designing and building customer and social experiences and we look forward to working with them. Many exciting new directions!”

Read.cv, founded in 2021 by Andy Chung, formerly a product designer at Facebook, Mozilla and Salesforce-owned Quip, offers a number of tools that allow users to share their resumes and chat with other professionals in their industries. . Read.cv also offers capabilities aimed at organizations, such as the ability to post team profiles and job listings and search for candidates.

Recently, Read.cv launched Sites, a feature that allows users to publish a personal website using their Read.cv profile. Users can also get a “.cv” domain from Read.cv and connect it to their profile if they want.

Read.cv says it plans to transfer “.cv” domains to its partners at Hello.cv starting January 31, where users can continue to manage them.

Perplexity’s plans for West Berkeley-based Read.cv, which had about three employees and Supported by Funding from F7 Ventures and Fanjul Capital is undisclosed. But Perplexity has increasingly invested in corporate-focused functionality over the past summer Launching Enterprise plan with user management, single sign-on and more.

The move may be partly at the behest of VCs backing Perplexity, who are no doubt eager to see returns sooner rather than later. There is confusion report Raised more than $500 million in capital from investors, including institutional venture partners, and is said to be valued at $9 billion.

Read.cv is Perplexity’s third acquisition since its purchase Carbonwhich specializes in connecting AI systems to external data sources. In 2023, confusion Acquire spellwise, Its CEO was brought in to develop Perplexity’s mobile app.




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