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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Queensland edtech unicorn Go1 acquires popular German book app Blinkist as valuation hits $3 billion
May 9, 2023/-- Go1 , the Brisbane tech company founded in a garage that made unicorn status and kept going, has bought a German reading app which was last year valued at $US110 million. Go1, which reached a valuation of about $US2 billion l
Company NewsUKG And Google Cloud Announce Partnership To Transform Employee Experiences With Generative AI
Google Cloud and UKG , a leading provider of HR, payroll, and workforce management solutions for all people, today announced an expanded partnership to bring Google Cloud’s generative AI (GenAI) capabilities into the widely adopted UKG hum
Product NewsLinkedIn Adjusts China Strategy: Cuts Jobs and Phases Out InCareer App Amid Competition
LinkedIn, the Microsoft-owned professional networking platform, has announced that it will be cutting 716 jobs and phasing out its local jobs app, InCareer, in China. The decision comes in the wake of "fierce competition and a challenging m
TopicsAn Overwhelming Majority Of 81% Organizations Are Experiencing A Shortage In Skilled Tech Workers EY And IMocha Report
EY , the leading professional services organization and iMocha , the world’s leading skills intelligence and skills assessment platform, released a report titled ‘Tech skills transformation – Navigating the future of work in 2025 and beyon
NewsAsure to Showcase Payroll Tax Management Solutions at Payroll Congress and TPG National Conference
Asure (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, is pleased to announce its participation in two upcoming industry events this month: the American Payroll Association’s (APA) Payroll
Company NewsRiverbed Leads in Workplace Employee Experience Management Platforms
Riverbed , the leader in unified observability, today announced that it was named a Leader in Everest Group’s report: Workplace Employee Experience Management Platforms PEAK Matrix® Assessment 2023. Everest Group assessed 10 Digital Employe
Company NewsGlobal People Analytics Leader Visier Introduces New Products to Address Workforce Challenges
Visier , the globally recognized leader in people analytics and workforce solutions for people-powered business, today announced new products designed to offer fast, radically simple, and cost-effective solutions to today’s most pressing wo
Company NewsPaylocity Announces Third Quarter Fiscal Year 2023 Financial Results
Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial results for the third quarter of fiscal year 2023, which ended March 31, 2023. "Our overall moment
Company NewsRandstad Reports First Quarter 2023 Results, Organic Revenue Per Working Day Declined by 4.2% YoY
Randstad , the world’s largest talent company and a partner of choice to clients, today announced its financial results for the first quarter on May 3, 2023. Financial performance Revenue Organic revenue per working day declined by 4.2% YoY
Company NewsCeridian Reports First Quarter 2023 Results, Total Revenue Up 26.4% to $370.6 Million
Dayforce recurring revenue up 43.8% year-over-year, or 46.0% on a constant currency basis Total revenue of $370.6 million, up 26.4% year-over-year, or 29.3% on a constant currency basis Operating profit of $38.4 million and adjusted operati
Company NewsIgniteTech Announces Addition of Jive Software to Company's Leading Solutions
AUSTIN, Texas -- IgniteTech™ , the company "Where Software Goes to Thrive™," today announced that Jive Software is now part of its set of leading software solutions for enterprise customers. Because of Jive's global reach and record of succ
AcquisitionVeriforce Transforms Its Global Workforce Management Capabilities with the Acquisition of Global Worker Pass
HOUSTON TX – May 3, 2023/-- Veriforce , the industry’s fastest-growing provider of supply chain risk and compliance management solutions, has announced the acquisition of Global Worker Pass , an innovative software solution designed to stre
Company NewsRecruitics Launches Fusion, the New Quality Applicant Delivery Platform
Recruitics , the leader in programmatic advertising and analytics for recruitment, has unveiled Fusion, an end-to-end talent conversion, engagement, and screening platform. Fusion seamlessly integrates a conversion-optimized candidate exper
Company NewsTeleverde Foundation Announces Grand Opening Of Second Workforce Development Center Within The Arizona Department Of Corrections Perryville
Televerde Foundation , a non-profit organization that provides personal and professional development opportunities to currently and formerly incarcerated women so they can attain meaningful and rewarding careers upon release, officially ann
Company NewsPaycom Software, Inc. Reports First Quarter 2023 Results
First Quarter Revenues of $452 million, up 28% from the comparable prior year period First Quarter GAAP Net Income of $119 million, representing 26% of total revenues, or $2.06 per diluted share First Quarter Non-GAAP Net Income of $143 mil
Venture CapitalEntendre Finance has Raised $4M In Seed Financing to Launche Fully Automated E2E Accounting Solution for Web3
Entendre Finance has raised $4M in seed financing to launch the first fully automated end-to-end accounting and bookkeeping solution for businesses operating in Web3. Led by Basis Set and with participation from Valhalla , Caffeinated,
Venture CapitalCV Wallet, the Skills-based Hiring Platform that Harnesses the Latest Web3 and AI Technologies, Raises $1.1 million in Angel investment
The start-up secured the funding in just two weeks, with the oversubscribed round closed early, following overwhelming interest. This is despite a tech funding crisis, which may last into 2024 according to experts. The round has been suppor
Venture CapitalFuturePlus secures £750K funding to assist businesses in reporting on sustainability and ESG
April 28, 2023/--As demand for sustainability and ESG reporting continues to grow, London-based sustainability management and ESG reporting platform, FuturePlus , has announced the successful completion of an up-round of funding worth £750,
NewsReejig Launches World’s First AI-driven Work Ontology™
Today at the UNLEASH America conference, Reejig , the global leader in workforce intelligence, announced its new Work Ontology™, which unbundles traditional job architectures to atomized components such as skills required, tasks and task ad
Product NewsTriNet Announces First Quarter 2023 Results, 2% Growth in Total Revenues to $1.2 Billion
6% Growth in Professional Service Revenues to $205 million 2% Growth in Total Revenues to $1.2 billion Net Income per Diluted Share of $2.17 and Adjusted Net Income per Diluted Share of $2.49 TriNet Group, Inc. (NYSE: TNET), a leading pro
Company NewsADP Reports First Quarter Fiscal 2023 Results
ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its first quarter fiscal 2023 financial results along with its revised fiscal 2023 outlook through an earnings releas
Company NewsSteelCloud Announces New Remote Workforce Compliance Suite
SteelCloud LLC , the leading STIG and CIS cyber compliance software developer, is excited to announce ConfigOS MPO, its compliance suite, engineered to address the challenges posed by today’s remote and hybrid workforces. Remote work has pr
Venture CapitalAlku, an Andover. Mass.-based specialty staffing firm, Receives Majority Investment from New Mountain Capital
Alku , an Andover. Mass.-based specialty staffing firm, received a new majority investment of an undisclosed amount. New Mountain Capital made the investment alongside FFL Partners, WestView Capital Partners, ALKU Founder & CEO, Mark Eldrid
Venture CapitalSonet.io Raises $6M Seed Funding to Fix Remote Work Challenges for Global, Distributed Workforces
April 24,2023/-- Sonet.io , built for IT leaders that want a great experience for their remote workers while enhancing security and observability, today emerged from stealth and announced it’s raised $6 million in seed capital, co-led by T
Venture CapitalBerlin-based RYDES raises €3.5 million in Seed Funding to expand with its corporate mobility platform across Europe and the US
April 24, 2023/--Berlin-based corporate mobility budget platform RYDES has just announced a €3.5 million seed round led by Assembly Ventures and Rethink Ventures , and with participation from Futury Capital and business angel Jens Krüger,
Venture CapitalArthur Ventures Raises $470M For Two Funds
Ventures , a Minneapolis, MN-based venture capital firm, raised $470M to continue investing in B2B software companies across North America at the Early Growth stage. This capital raise consists of two new investment funds: Arthur Ventures V
Company NewsCodeSignal Takes Technical Hiring To New Heights With Enhanced Scoring System And Revolutionary AI Insights
CodeSignal , the leading technical interview and assessment solution, announced Coding Score 2023 and custom AI-generated insights to revolutionize the way companies evaluate skills and approach technical hiring. Coding Score 2023 leverages
Company NewsQualtrics Announces First Quarter 2023 Financial Results, Total Revenue Up 22% Year Over Year to $409.8M
• Q1 2023 total revenue of $409.8M, up 22% year over year • Q1 2023 subscription revenue of$339.8M, up 21% year over year • Total remaining performance obligations of $2,135.1M, up 21% year over year • Next 12 months remaining performance o
Product NewsManpowerGroup Reports 1st Quarter 2023 Result
Revenues of $4.8 billion (-8% as reported, -2% constant currency (CC)) Gross profit margin of 18.2%, up 80 basis points year over year reflecting continued strong pricing discipline and increased outplacement activity in Right Management Ma
Company NewsCirkled In, A Leading Gen-Z Professional Profile And Youth Recruitment Platform, Announces Partnership With American Student Assistance
Cirkled In , a Leading Student Professional Profile and Youth Recruitment Platform is Pleased to Announce its Partnership with American Student Assistance, a Leading National Nonprofit Organization Committed to Helping Students Navigate the
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