The HRTech Wire · auto-curated
Wednesday, November 4, 2026
HR technology, every morning — wired to the companies and people behind it.
Enterprise recruiting platform iCIMS has earned a top-five user experience ranking for the third consecutive year in Sapient Insights Group's HR Systems Survey, while new research reveals that 92% of HR professionals believe employees can be reskilled for AI roles yet external hiring continues to outpace internal redeployment. Google is extending voluntary buyout offers across multiple countries and Microsoft faces scrutiny over how its own buyouts may affect AI ambitions, as job reductions also hit Virgin Media O2 under a cost-saving drive. On the workforce data front, ADP's National Employment Report shows private-sector employment rose by 86,000 jobs in October, and Lockheed Martin has agreed to pay $29.5 million to resolve alleged employment discrimination violations.
Filtered: #Series B · clear
💰 $120MSeries BThe SaaS News· 10:35 PM PST
Traversal, an AI-driven site reliability engineering platform, has raised $120 million in a Series B round at a $1 billion valuation. Kleiner Perkins, Redpoint Ventures and Khosla Ventures co-led the round, with Sequoia Capital, Battery Ventures and Amex Ventures also participating. The company says the funding brings its total to $173 million and will go toward self-driving production systems and expanding its research, engineering and go-to-market teams.
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