Perplexity acquires Read.cv: CV exchange platform goes out of business

Perplexity acquired Read.cv, a platform that was a competitor to LinkedIn.

Here's What We Know

According to the agreement, Read.cv will cease operations on Friday, 24 January. Users will be able to export their data, including profiles, posts, and messages, until 16 May.

Read.cv's blog post says that the team has long been passionate about Perplexity. The team believes that great things are possible when knowledge is made more accessible to everyone. They also expressed their excitement about joining Perplexity's team of designers and engineers to continue their joint mission of research and discovery.

A Perplexity spokesperson confirmed the deal but did not provide further details. Perplexity CEO Aravind Srinivas said in a post on X that the Read.cv team has extensive experience in building consumer and social products and they look forward to working together.

Read.cv was founded in 2021 by Andy Chung, a former product designer at Facebook, Mozilla, and Quip. The platform offered a variety of tools for sharing resumes and connecting with professionals in various industries. Read.cv also supported opportunities for organisations, such as creating team profiles and posting job openings.

Recently, Read.cv launched the Sites feature, which allowed users to publish personal websites using their profiles on the platform. After the merger, the ".cv" domains will be transferred to Read.cv's partner Hello.cv.

Perplexity has raised over $500 million in capital from investors including Institutional Venture Partners and is valued at $9 billion.

Source: @_andychung, Techcrunch