DHI Group, Inc. Announces $3 million Investment in The Muse
Developing partnership with intent to sell corporate branding and values-based hiring solutions to give employers a competitive edge amidst tight recruitment market
CENTENNIAL, Colo., Sept. 8, 2021 /PRNewswire/ -- DHI Group, Inc. (NYSE: DHX) ("DHI" or the "Company"), the leading provider of AI-powered technology-focused career marketplaces, today announced a $3 million investment in The Muse, a values-based career destination for the next gen workforce to search for jobs and research companies & careers. The investment will be used to support the expansion of The Muse's product development and sales efforts to meet the increasing market demand for its unique values based employer discovery offerings. Terms of the planned transaction are not being disclosed at this time.
In addition to the investment, the two companies will work together to develop joint sales, thought leadership and product solutions to better serve their respective stakeholders. At a time when the market to hire technologists is tighter than ever, one focus of the partnership is to offer Dice clients an opportunity to convey their unique culture, values, and approach to technology development. These differentiators are fundamental to attracting and retaining talented technologists who will remain in high demand for the foreseeable future.
"Technologists are increasingly focused on the culture and values of potential employers as they make career decisions. We believe The Muse is a true leader in providing solutions that authentically support this discovery process with great benefits for both employers and candidates. The Muse is an ideal partner for Dice as we look to accelerate our own ability to deliver these same insights to technologists customized for their specific interests," said Art Zeile, CEO of DHI Group, Inc.
"We're excited to embark on this new venture with DHI at a time when The Muse is gaining momentum in our mission to help companies showcase their values and culture, creating a more transparent and humanized job search experience and fostering a deeper connection with future employees. Our best-in-class platform provides our audience of Gen Z and millennial talent with relevant information about companies and careers that align with what they value in today's world of work," said Kathryn Minshew, Co-Founder and CEO of The Muse.
The Company will disclose greater details on the potential partnership as developments emerge.
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Company Codes: NYSE:DHX
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