Recruit Holdings has invested in Alignable, Inc., the network for local business owners

Jun. 27, 2016
Recruit Holdings Co., Ltd.

We announce that Recruit Holdings Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Masumi Minegishi; referenced below as "Recruit") has invested in Alignable, Inc. (Headquarters: Boston, United States of America, CEO: Eric Groves; referenced below as "Alignable") the network for local business owners, through its investment subsidiary RSP Fund No. 6 LLC, operated by Recruit Strategic Partners Co., Ltd.

1. Purpose and background

Recently, even in the business field, the utilization of networks to collect information has spread widely. To that end, Alignable has developed a network called "Alignable" currently based in North America, that is exclusively for local business owners; through this investment, Recruit plans to work together with Alignable in the expansion of this service, which is currently growing at a rapid pace.

2. Overview of Alignable, Inc.

Some of the issues facing local business owners today include connecting with each other, generating new customer referrals, selecting trustworthy vendors or suppliers, and finding answers to questions specific to their business. Alignable is supporting and developing solutions to these issues, through the forming of communities of local business owners, and providing them with a trusted network. Through functions including public profiles, discussions, messaging, and collaborative sales promotion tools, Alignable will enhance mutual information sharing, Q&A, and contribute to the support of day-to-day operations of local business owners.

Alignable, Inc.

(1) Company name Alignable, Inc.
(2) Representative Eric Groves
(3) Headquarters 205 Portland Street Suite 504 Boston, MA 02114
(4) Established May 7, 2012
(5) Main business Providing network for local business owners
(6) Website

3.Overview of RSP Fund No. 6, LLC

(1) Company name RSP Fund No. 6, LLC
(2) Representative Yusuke Saijyo
(3) Headquarters 8-4-17 Ginza, Chuo-ku, Tokyo
(4) Established November 12, 2014
(5) Main business Investment development and venture capital
(6) Operating Company Recruit Strategic Partners
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