Karat, the definitive partner for measuring and elevating technical talent, announced the acquisition of Byteboard, a skills-based technical assessment solution. This acquisition is Karat’s third over the last two years and accelerates the company’s efforts to build next-generation solutions for organizations that are prioritizing the quality of every new hire in an evolving AI landscape.
“In today’s complex technical environments, software engineers must possess a deep understanding of how interconnected systems work together. By bringing together Byteboard’s AI-enabled skills assessment with Karat’s human + technology approach, we are helping companies future-proof their workforce by accurately measuring and hiring top talent.”
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As more engineering leaders are turning to Karat to conduct in-depth technical interviews, the addition of Byteboard’s proprietary talent assessment technology enables Karat to support a broader range of roles, skills, and levels across every stage of the hiring process. Additionally, as the rapid deployment of AI tools transforms the software development profession, Byteboard’s technology will complement Karat’s expertise and global scale to enhance how businesses measure candidate proficiency in using AI tools and building AI-enabled products.
“Byteboard’s leading approach for measuring the skills needed in an AI-assisted workplace strengthens Karat’s delivery of the most predictive hiring signal for Fortune 500 companies,” said Mohit Bhende, Karat co-founder and CEO. “In today’s complex technical environments, software engineers must possess a deep understanding of how interconnected systems work together. By bringing together Byteboard’s AI-enabled skills assessment with Karat’s human + technology approach, we are helping companies future-proof their workforce by accurately measuring and hiring top talent.”
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Karat’s enterprise business growth — up 70% year-over-year — is indicative of a broader transformation happening across the tech landscape. More large organizations and SMBs, especially in sectors like financial services, retail, healthcare, energy, and insurance are attracting top-performing tech talent. To capitalize on this momentum, these companies are increasingly implementing best practices developed by high-growth technology companies over the past decade to raise their hiring bars and improve overall engineering quality. This includes the adoption of Karat’s talent measurement standards and the increased use of skills-based evaluations like the ones developed by Karat and Byteboard, which spun out of Google’s internal R&D lab, Area 120, in 2021.
“Byteboard’s mission has been to make real-world technical skills the most relevant and effective signal to determine readiness for a job through our project-based evaluation platform,” noted Sargun Kaur, Byteboard founder and CEO. “Byteboard’s technology and expertise in assessment theory will help Karat support more candidates in more ways to meet the needs of the AI-enabled workplace.”
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Source – businesswire
