A new job search engine was launched today and with numerous individuals searching for jobs lately, adding an additional search engine doesn't sound like a bad idea at all.
With U.S. employment rates still over 8 percent, Bright has secured $6 million in initial venture capital to start a service that analyzes job seekers and matches them with posted jobs across the Internet, on websites from CareerBuilder.com to Dice.com.
Bright employs a machine algorithm that is the product of 18 months of data analysis by a team of neuroscientists, mathematicians and nuclear physicists and this is the company's way of standing out.
According to Reuters, Founder and CEO Steve Goodman says what differentiates Bright from other job-search engines like SimplyHired.com or Indeed.com is its "Bright Score": a 0 to 100 ranking of a candidate's qualifications, with 100 being a perfect match.
Users can upload their resume for free. Then, its algorithm gets to work, poring over the credentials of the user and serving up a list of compatible job listings. Employers are able to post job openings directly to Bright.com and receive a list of candidates and applicants ranked by their suitability.
According to Goodman, the company can make money from its database by allowing employers to pay to view qualified candidates who had not already applied for the employer's open slots.
The service that Bright.com provides will take aim at traditional jobs search platforms, like Monster Worldwide Inc's Monster.com and HotJobs.com, Goodman said.
Goodman, who formerly worked at Plum District and PacketTrap, said he believes jobs search is an arena that could use some shaking up.
"We wouldn't be in this business if we didn't think we were disruptive," he said.
31% of people have never conducted a search on their own name using a search engine to learn what is visible to potential employers. Are you one of them?
Visit www.Bright.com today!
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