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HR tech investment surged today as Salesforce led a $166 million round in HiBob, valuing the Israeli HR platform at $3.2 billion, while Recruiter.com expanded its AI capabilities through an acquisition of an AI interview tool. On the product front, iCIMS unveiled its Intelligent Hiring Platform vision alongside new releases from Vervoe, signaling a broader industry push toward AI-driven talent acquisition. Amid the spending, a note of caution: workers are growing more critical of AI adoption, and Virginia's new pay-range posting requirement is drawing attention as a potential bellwether for pay transparency legislation nationwide.
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Salesforce has led a $166 million investment round in HiBob, signaling growing enterprise confidence in AI-driven HR technology platforms. The deal marks one of the more significant HR-tech funding milestones in recent memory, with a major CRM giant backing a leading HRIS vendor.
Salesforce has led a $166 million funding round in HiBob, pushing the Israeli HR technology company's valuation to $3.2 billion. The deal marks a major vote of confidence in HiBob's modern HRIS platform and signals deepening strategic interest from Salesforce in the HR-tech sector.
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