Nice to see additions added to the capabilities of Linkedin. Have long thought there were lots of useful enterprise resources that could leveraged by the quantity and specifics of data here. What will Glint add?
LinkedIn acquires employee engagement platform Glint
By Ingrid Lunden @ingridlunden in TechCrunch
LinkedIn, the social network for the working world with close to 600 million users and now under the wing of Microsoft, has announced an acquisition as it continues to work on expanding the ways that people already on the platform use it. It has acquired Glint, a startup that provides employment engagement services for businesses and other organizations.
Terms of the deal are not being disclosed. For some context, Glint had raised nearly $80 million — including these rounds for $27 million and and $20 million in the last two years — was valued at around $220 million in its last round according to PitchBook. Investors included Bessemer Venture Partners, Norwest Venture Partners, Shasta Ventures and Meritech Capital Partners.
The news was announced both by LinkedIn and Glint itself in blog posts.
Daniel Shapero, VP of Talent Solutions at LinkedIn, said that the team from Glint will join LinkedIn and continue to work as a salient entity within it under current Glint CEO and founder Jim Barnett. ... "
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