WetFeet
Career advice website and publisher.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Founded in 1994, WetFeet established itself as a multifaceted career services and recruitment management firm. The company operated with a dual focus, serving both job seekers and corporate employers with a range of products and online services. For individuals navigating their career paths, particularly recent college and MBA graduates, WetFeet was known for its extensive library of career guides. These publications, such as the "WetFeet Insider Guide," provided detailed information on various industries, specific companies, and crucial job search skills like interviewing and case study analysis.
On the corporate side, WetFeet developed and operated "WetFeet Recruiter," a web-based applicant tracking system. This platform provided a comprehensive solution for businesses, including large enterprises and small to medium-sized companies, to manage their recruitment processes effectively. The system's functionalities included job management, candidate sourcing, as well as applicant screening and tracking. This B2B offering positioned WetFeet within the social and platform software industry, generating revenue through its recruitment technology.
A significant turning point in the company's history occurred on October 10, 2007, when it was acquired by Taleo, a prominent provider of on-demand talent management solutions. The acquisition specifically targeted the WetFeet Recruiter product, its associated technology, and its customer base. Following the transaction, Taleo began transitioning WetFeet's clients to its own Taleo Enterprise Edition and Taleo Business Edition platforms, integrating the acquired assets to enhance its own service offerings and strengthen its market position, particularly in the retail sector.
Keywords: career guides, recruitment management, applicant tracking system, job seekers, career advice, corporate recruiting, talent management solutions, insider guides, interview preparation, case study guides, employer branding, candidate sourcing, job search resources, WetFeet Recruiter, Taleo acquisition, online recruiting, career services, hiring software, job candidate screening, professional development