Jobvite acquires recruiting software firm Canvas

Indiana text-based software recruitment startup founded in 2017, Canvas Talent Inc., has recently been acquired by the California firm Jobvite Inc. in a string of new purchases.

Jobvite is widely heralded as an industry leader in recruiting software. Financial terms of the deal, which closed in December, were not disclosed.

Canvas, which launched in June 2017, will continue to operate as an independent business unit and all Canvas workers will be retained, company officials said, adding that they expect the number of employees here to grow significantly because of the acquisition. 

“We currently have eight employees, with seven in Indy," Canvas President and CEO Aman Brar told IBJ. "Plans are still formalizing but my current guess would be that Canvas and Jobvite will have greater than 50 employees in Indy by the end of the year. We’re excited to expand our employment footprint in Indy.”

Canvas, 350 E. New York St., will continue to operate under its brand for the foreseeable future, company officials said. Its product platform for Jobvite customers has been branded as Jobvite Text powered by Canvas.

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