Fusemachines Acquires Talent Acquisition Technology Company Rake

Fusemachines has recently announced the acquisition of Rake Inc.

The Details:

Rake has platforms in web and mobile application that allows users to manage their job searches. Rake also has experience in Human Capital Management and Education Industries. Fusemachines plans to expand their AI services with the technological expertise of Rake.

What they are saying:

• The Founder and CEO of Fusemachines said that the experience of Rake in the field of talent acquisition and online education would be vital for the growth of Fusemachines specifically for their education, training and the delivery of AI talent and solution services.
• Founder & CEO of Rake, Michael Iacona, said that the shared vision, strong mission component, and the real need in the marketplace were the points that made their decision easy. Adding that they were energized to join Fusemachines and excited about the opportunities ahead. 

The Backstory:

• Fusemachines, founded back in 2013, provides services and products to a wide range of industries, helping them solve real-world problems using AI innovations. Their mission is to put AI in everyone’s hands through education, software & services.
• Rake Inc. is a talent acquisition and candidate engagement platform that services candidates and employers by providing an array of tools leading to better experiences and outcomes throughout the recruitment process.