CapitalG-backed hiring platform Glassdoor has initiated talks with banks that could manage an initial public offering in the second half of 2018.

Glassdoor, a US-based recruitment platform backed by internet technology conglomerate Alphabet’s growth equity arm, CapitalG, is in discussions with banks concerning an initial public offering, Bloomberg reported on Monday.

The offering is expected to be conducted in the second half of 2018, people familiar with the matter told Bloomberg. The same sources said Glassdoor is breaking even and showing year-on-year growth of approximately 30%.

Founded in 2007, Glassdoor operates a online platform where employers can advertise jobs, while employees can…