LinkedIn has acquired IndexTank, a provider of real-time hosted search technology, for an undisclosed amount.
LinkedIn and IndexTank say that the acquisition will help improve LinkedIn’s internal search technology.
“LinkedIn has exploded over the past few years, and the search team has done a fantastic job at building world-class technologies to keep up with the growth,” IndexTank founder and CEO Diego Basch said in a blog post. “Of course, this doesn’t stop here and we’re working on the next play.” This growth will continue and perhaps accelerate.”
“One day every smartphone owner could use LinkedIn to find opportunity,” he continued. “Perhaps the Ghana fishermen will choose to network with each other and form cooperatives through their mobile phones. We need to be able to manage billions of people profiles and jobs. I believe IndexTank’s world-class search technology and experience will be instrumental in taking LinkedIn to this next level. I can’t wait to show you how.”
LinkedIn has committed to keeping IndexTank running for the next six months and open-sourcing key components so users can transition to other providers. IndexTank has raised $1.6 million in seed funding from K9 Ventures, Freestyle Capital, Patagonia Ventures, Michael Dearing and Steve Anderson.
LinkedIn and IndexTank say that the acquisition will help improve LinkedIn’s internal search technology.
“LinkedIn has exploded over the past few years, and the search team has done a fantastic job at building world-class technologies to keep up with the growth,” IndexTank founder and CEO Diego Basch said in a blog post. “Of course, this doesn’t stop here and we’re working on the next play.” This growth will continue and perhaps accelerate.”
“One day every smartphone owner could use LinkedIn to find opportunity,” he continued. “Perhaps the Ghana fishermen will choose to network with each other and form cooperatives through their mobile phones. We need to be able to manage billions of people profiles and jobs. I believe IndexTank’s world-class search technology and experience will be instrumental in taking LinkedIn to this next level. I can’t wait to show you how.”
LinkedIn has committed to keeping IndexTank running for the next six months and open-sourcing key components so users can transition to other providers. IndexTank has raised $1.6 million in seed funding from K9 Ventures, Freestyle Capital, Patagonia Ventures, Michael Dearing and Steve Anderson.
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