Wanted, the South Korean social recruitment startup platform, has announced that they have acquired employment data company Kredit Job for an undisclosed amount.
The acquisition will give Wanted the exclusive ownership of Kreditjob.com and all of its aggregated data gathered across more than 420,000 companies in South Korea.
“This data acquisition deal will benefit all job-seekers on our platform, not just in Korea. By strengthening our AI system, we will improve upon the core of Wanted’s services. Our new data specialists will help develop solutions to fuel global growth in new markets,” said Wanted CEO Bokkee Lee.
In an email interaction with DEALSTREETASIA, Lee said the startup had raised a $9-million Series B round last May, bringing its total funding raised to $10.4 million. Investors that participated in the Series B round include Stonebridge Capital, Industrial Bank of Korea, Korea Development Bank and SL Investment.