Perplexity, valued at $9 billion and backed by significant venture capital, has been expanding its corporate-focused functionalities. The acquisition of Read.cv is Perplexity’s third, following its purchases of Carbon and Spellwise. Perplexity CEO Aravind Srinivas expressed excitement about the Read.cv team’s expertise in designing consumer and social experiences. The future plans for Read.cv under Perplexity remain unclear, but the acquisition aligns with Perplexity's strategy to enhance its offerings and potentially satisfy investor expectations for returns.
Key takeaways:
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- Read.cv, a professional social media platform, has been acquired by AI-powered search engine Perplexity and will wind down operations.
- Users of Read.cv can export their data until May 16, and ".cv" domains will be migrated to Hello.cv starting January 31.
- Perplexity, valued at $9 billion, has raised over $500 million and is focusing on corporate functionality, having previously acquired Carbon and Spellwise.
- Read.cv was founded in 2021 by Andy Chung and offered tools for professionals to share resumes and chat, as well as features for organizations like job listings.