Read.cv, a Social Media Platform for Professionals, Acquired by Perplexity
Acquisition Details
Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations on Friday, allowing users to export their data, including profiles, posts, and messages, until May 16.
Statement from Read.cv
"We’ve long admired Perplexity and believe great things happen when the world’s knowledge is made more open and accessible," reads a post on Read.cv’s blog. "In that spirit, we are thrilled to be joining the design and engineering team at Perplexity to continue in our shared mission of exploration and discovery."
Perplexity’s Plans for Read.cv
Perplexity’s plans for West Berkeley-based Read.cv, which had around three employees and was backed by funding from F7 Ventures and Fanjul Capital, are not clear. However, Perplexity has increasingly invested in corporate-focused functionality, last summer launching an enterprise plan with user management, "internal knowledge search," and more.
Read.cv’s Features
Read.cv, which was founded in 2021 by Andy Chung, previously a product designer at Facebook, Mozilla, and Salesforce-owned Quip, offered a range of tools that let users share their resumes and chat with other professionals in their industries. Read.cv also offered capabilities aimed at organizations, like team profiles and the ability to post job listings and perform candidate searches.
Recent Developments
More recently, Read.cv launched Sites, a feature that allowed users to publish a personal website using their Read.cv profile. Users could even obtain a ".cv" domain from Read.cv and connect it to their profile, if they wanted. Read.cv says it plans to migrate ".cv" domains starting January 31 to its partners at Hello.cv, where users will be able to continue managing them.
Perplexity’s Acquisition History
Perplexity’s acquisition of Read.cv is its third, following its purchase of Carbon, which specializes in connecting AI systems to external data sources, and Spellwise, whose CEO was brought on to develop Perplexity’s mobile app.
Conclusion
The acquisition of Read.cv by Perplexity marks a significant development in the world of AI-powered search engines and social media platforms for professionals. While Perplexity’s plans for Read.cv are not yet clear, the acquisition could potentially lead to new and exciting developments in the field.
FAQs
Q: What is Perplexity?
A: Perplexity is an AI-powered search engine that aims to make the world’s knowledge more accessible to everyone.
Q: What is Read.cv?
A: Read.cv is a social media platform for professionals that allows users to share their resumes and chat with other professionals in their industries.
Q: Why was Read.cv acquired by Perplexity?
A: Perplexity acquired Read.cv to further its mission of making the world’s knowledge more accessible to everyone.
Q: What happens to Read.cv’s users and data?
A: Read.cv users will be able to export their data, including profiles, posts, and messages, until May 16.
