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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Allseated Raises $20 Million to Further Fuel its Rapid Growth
SAN FRANCISCO, August 15, 2023 — Allseated has announced $20 million funding – including capital from Level Structured Capital (an affiliate of Level Equity), and existing investors, Magma Ventures, Vestech Partners, NYFF, and WGG, to furth
Venture CapitalWorkGenius Group Expands Global Presence by Acquiring Expertlead
NEW YORK CITY, 8/8/23 – WorkGenius , a freelance technology company headquartered in New York City, has announced the acquisition of Expertlead , a Berlin-based technology firm known for matching tech freelancers with companies and offering
EarningsZipRecruiter Announces Net Income of $14 Million for Second Quarter 2023 Results
SANTA MONICA, Calif., Aug. 8, 2023-- ZipRecruiter , a leading online employment marketplace, announced financial results for the quarter ended June 30, 2023. “Against a challenging macroeconomic backdrop, ZipRecruiter was able to deliver $1
Venture CapitalADP Acquires Sora: A Game-Changer in HR Workflow Automation
Advanced data integration and unified workflow experience simplifies complex HR processes for companies of all sizes ROSELAND, N.J. , Aug. 3, 2023 ADP ® , a global technology company providing human capital management (HCM) solutions, tod
Company NewsHumanforce and Datacom Have Announced a Partership, Enabling Clients Wishing to Combine WFM & payroll in a Single, integrated User Experience Greater Options and Flexibility
Sydney, 25th July 2023: Humanforce , a Sydney-based, global provider of human capital management (HCM) solutions, announced a partnership agreement with Datacom , Australasia’s largest homegrown technology solutions provider, to provide an
ColumnLinkedIn's Revenue Surpasses $15B for the First Time: Microsoft's Q4 FY23 Earnings
Microsoft announced its Q4 FY23 earnings, which included several highlights for LinkedIn. In Q4, LinkedIn's revenue increased by 5% year-over-year (7% in constant currency), surpassing $15 billion for the first time this fiscal year. Member
Venture CapitalInploi, the Talent Attraction Technology Scale-up, has Raised a £1.35m Round to Develop its Growth Team
LONDON , July 25, 2023 -- inploi , the talent attraction technology scale-up, has raised a £1.35m round to develop its growth team and accelerate the go-to-market (GTM) strategy for their Software-as-a-Service (SaaS) offering ahead of a pl
Venture CapitalThe Largest Healthcare Talent Software and Staffing Company in the U.S. Aya Healthcare Acquires Polaris AI
San Diego, CA — Aya Healthcare , the largest healthcare talent software and staffing company in the U.S., today announced its acquisition of Polaris AI , a machine learning platform that predicts future patient volume and staffing levels in
Product NewsOffsite Raises $3 Million To Reconnect Remote and Hybrid Companies Through In-Person Experiences
NEW YORK , July 18, 2023 -- Offsite , the marketplace and tech-enabled services provider saving time, money, and stress for remote and hybrid companies planning team retreats, today announced it has raised $3 million to help create more c
Venture CapitalBlockchain-Based Employment Platform Opolis Raises $6.6M in Bridge Fundraising Round
Opolis, a blockchain-based platform for independent workers, has secured a bridge fundraising round of $6.6M. The round was led by Berlin-based crypto investment firm Greenfield, with additional investment from the NEAR Foundation, Draper A
Company NewsUpwork Launches New Generative AI Tools and Services Hub, Creating Central Destination for Skilled AI Talent and Work
Generative AI-enabled experiences for talent and businesses on Upwork accelerate the movement towards AI-empowered workforces SAN FRANCISCO, Calif. - July 11, 2023 - Upwork (Nasdaq: UPWK), the world’s work marketplace, today announced a
Company NewsAstrumU and SHRM Partner to Transform Skills-Based Hiring for Workforce Development Investments
AstrumU, a leading AI data platform company that specializes in measuring non-traditional workforce skills, and the Society of Human Resource Management (SHRM) , today announced a partnership aimed at significantly improving how employers,
Venture CapitalMultinational Businesses Cheer UKG Acquisition of Immedis: Launch of UKG One View Transforms How Businesses Pay People Around the World
LOWELL, Mass., and WESTON, Fla., July 12, 2023 — UKG , a leading provider of HR, payroll, and workforce management solutions for all people, has completed the acquisition of Immedis , a leading global payroll provider with technology and s
Venture CapitalZinc Secures a £5 Million Series A to Revolutionise Background Checks
In a round led by AVP (AXA Venture Partners) with participation from existing investor Seedcamp. Zinc , a leading provider of automated global background checks, is transforming the digital work identity landscape with an innovative approac
Company NewsiiPay Expands into Mexico, Forging Strategic Partnership with Grupo Tress International for Global Payroll Solutions
Dallas, Texas, Monterrey, Mexico, and Cheltenham, UK – 29 June 2023 – iiPay , a global leader in innovative cloud-based payroll software technology, is excited to announce its expansion into Mexico with a new office in Monterrey, Nuevo Le
Product NewsSilver Lake and CPP Investments Complete Acquisition of Qualtrics
Qualtrics, the leader and creator of the Experience Management (XM) software category, has announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with Canada Pension Plan Invest
Company NewsOracle Integrates Generative AI into Fusion Cloud HCM, Revolutionizing HR Processes and Productivity
Oracle has announced the addition of generative AI-powered capabilities to Oracle Fusion Cloud Human Capital Management (HCM). These new features aim to streamline HR processes, improve productivity and enhance experiences for candidates, e
Venture CapitalZenarate, an AI-powered Agent Coaching Platform, Raises $15M
PALO ALTO, Calif. and DENVER -- Zenarate , the leading natural language AI Simulation Training solution for customer and prospect-facing agents, today announced it closed a $15M funding round led by Boston -based growth equity firm, Vol
Venture CapitalDatapeople Lands $13M in Series A Funding, Accelerating the Path Towards Data-Driven Talent Acquisition
Datapeople, a technology firm transforming the talent acquisition sector with data-driven tools, has secured $13M in a Series A funding round. The funding will accelerate the development of their analytics suite designed to tackle critical
Company NewsRemote and Gusto launch global employment and compliance partnership for U.S. companies
Remote work was the beginning. Distributed work is the present — and the future — for businesses looking to hire the best people. Today, Remote and Gusto are establishing a new partnership to help SMBs in the United States access global tal
Company NewsCaltius Structured Capital Fuels AspireHR’s Growth with Significant Debt and Equity Investment
Dallas, TX – June 21, 2023 – Caltius Structured Capital , is pleased to announce a debt and equity investment in AspireHR, a Human Capital Management (HCM) implementation, software, and managed services firm. The strategic infusion of capit
NewsHRSoft Expands Leadership Position in the Compensation Management Market With CompTrak Acquisition
DENVER, CO – June 20th, 2023 – HRSoft , the global leader for cloud-based Compensation Lifecycle Management software, announced that it has acquired CompTrak , a compensation management solution provider based in Toronto, Canada. By adding
Venture CapitalHRSoft Expands Leadership Position in the Compensation Management Market with CompTrak Acquisition
Combined Entity Will Further Enable Global Compliance and Complex Compensation Planning and Execution with Scalable Enterprise-Grade SaaS Solutions DENVER, CO (June 20th, 2023) — HRSoft , the global leader for cloud-based Compensation Lif
Venture CapitalAya Healthcare Acquires Flexwise Health to Amplify Workforce Optimization Capacity and Cost Savings through Predictive Analytics
Aya Healthcare Acquires Flexwise Health, Amplifying Workforce Optimization Capacity and Cost Savings through Predictive Analytics SAN DIEGO, CA (June 13, 2023) -- Aya Healthcare , the largest healthcare talent software and staffing company
Company NewsBambooHR Innovates Employee Benefits Enrollment with Launch of New Administration Solution
BambooHR, the renowned provider of cloud-hosted HR software, has launched Benefits Administration, a new solution that aims to simplify benefits enrollment for many organizations. Integrated directly into the BambooHR platform, Benefits Adm
Company NewsBeamery Announces Real-time Workforce Planning, Reinventing Obsolete Processes Unsuited To Business Agility
LONDON, -- Beamery , the global leader in Talent Lifecycle Management, today announced a revolutionary new model for businesses to run workforce planning and make real-time decisions around hiring and talent development. The traditional pro
Company NewsClient Giant Expands its HR Offering into the Happier People Platform to Improve Employee Engagement and Boost Workplace Morale
Job hunting jumps 12% just before birthdays; Happier People features enhanced tools tailored to drive employee retention, engagement and happiness - and never miss a birthday or milestone IRVINE, Calif. , June 6, 2023 -- Client Giant , a
Company NewsEdusity Launches Redesigned LMS With Free Version, Revolutionizing Online Learning
Edusity, a leading ed-tech company, has announced the launch of their redesigned Learning Management System (LMS), complete with a free version. This new LMS is a game-changer, providing access to high-quality e-learning tools for free. Ed
Venture CapitalLondon-based Career Mentoring Platform CareerPaths Secures €232k Pre-seed Funding from QVentures and Various Angels
London-based career mentoring platform founded in 2021, CareerPaths , has secured €232,000 in pre-seed funding from QVentures, a prominent venture capital firm, and a group of angel investors. This investment will fuel CareerPaths’ expansi
Venture CapitalThe Operating System of Enterprise Productivity OpenFin Secures $35 Million in Series D Investment
Investment round led by Bank of America with significant participation from Pivot Investment Partners and ING Ventures NEW YORK , May 24, 2023 -- OpenFin , the operating system (OS) of enterprise productivity, today announced that it has s
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