Socialmedian acquired by business network Xing
European business networking site Xing has acquired socialmedian, a service created by former Jobster chief executive Jason Goldberg to share and discuss news stories. Goldberg’s blog post announcing the deal doesn’t name a price, although a couple of sites say it was for $4 million in cash, with a possible earn out between $700,000 and $3.5 million
Hamburg, Germany-based Xing plans to integrate socialmedian into its product sometime next year, stating that socialmedian’s approach is ideal… Continue Reading
Business sites XING, ZoomInfo, combine social network, search
European business networking site XING and U.S. business search service ZoomInfo are introducing a way to bring their two continents’ worth of business contacts together to challenge rival LinkedIn as well as more general social networks like Facebook.
Starting tomorrow, XING members will be able to search for and befriend more than 18 million business professionals who have registered profiles on ZoomInfo and search a total pool of 40 million profiles (including unregistered ZoomInfo profiles) who… Continue Reading
Xing releases new features, in challenge to LinkedIn
Two days ago, we reported that LinkedIn had finally added profile pictures to their features list. Now a competitor, Xing, is announcing a slew of new features.
Xing already had profile images. Its users will now have the ability to include more personal information on their profiles, including details about past positions, and a field showing their motivation for being listed on the service (e.g., to find new clients or jobs).
The service is also opening up… Continue Reading
The rush to people search: Viadeo, ZoomInfo, Yahoo China, Spock…and PeekYou
For years, technology to search for people has been neglected, compared to most parts of the Web. Until now, that is.
A wave of new entrants are making it much easier to find out everything about a person, from their job, to their personalities, their age and even where they live. Forget the privacy implications, the race is on.
LinkedIn, a social network for professionals, had the field to itself a few years ago. Sites like Friendster… Continue Reading
Xing integrates with ZoomInfo, in move to overtake LinkedIn
(Updated with initial LinkedIn response)
Xing, the Hamburg, Germany social networking site for business contacts, has just signed a deal that makes its network larger than it U.S. competitor LinkedIn.
It has announced a partnership with ZoomInfo, the largest fact-checked proprietary database in the world, of some 36 million business profiles. Xing’s two million members will now be able to search and access basic information on those profiles for free, effectively giving Xing much wider reach than… Continue Reading
LinkedIn raises $12.8M to build out professional network
LinkedIn, the networking site for professionals connect, has raised $12.8 million in venture funding.
The venture capitalists, Silicon Valley’s Bessemer Venture Partners and the European Founders Fund (EFF), an internet focused firm, placed a value of more than $250 million on the Palo Alto company, after the investment.
This catapults LinkedIn to the rarified group of networks that are actually worth something • though granted, this worth is still on paper • held on the books… Continue Reading