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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300LMS365 Acquires Weekly10 to Expand on Their Learning and Performance Capabilities
AARHUS, Denmark - LMS365 , the leading AI-powered learning platform integrated with Microsoft 365, announces its acquisition of Weekly10 , a dynamic performance and engagement management company based in Wrexham, UK. This strategic move mar
Venture CapitalOne Model: Harnessing AI to Revolutionize People Analytics with $41M Funding
In the rapidly evolving world of HR technology, One Model, an Austin-based startup, is making waves. The company recently announced a successful funding round of $41 million, led by Riverwood Capital. This significant investment is set to f
EarningsPaylocity Announces Fourth Quarter and Full Fiscal Year 2023 Financial Results
SCHAUMBURG, Ill., Aug. 03, 2023 -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, announced financial results for the fourth quarter and full fiscal year 2023, which ended
EarningsCeridian Reports Robust Second Quarter 2023 Results
Minneapolis, MN and Toronto, August 2, 2023 – Ceridian HCM Holding Inc. (“Ceridian”) (NYSE:CDAY) (TSX:CDAY), a global leader in human capital management (HCM) technology, announced its financial results for the second quarter ended June 30
Product NewsPerceptyx Acquires Behavioral Science Pioneer Humu to Close the Gap Between Employee Insights and Action
The acquisition of Humu by Perceptyx is a significant milestone in the HR Tech industry. This move combines the strengths of two innovative companies, creating a powerful synergy that promises to revolutionize the way organizations understa
Venture CapitalAvionté, A Leader in Enterprise Staffing and Recruiting Software, Acquires SimpleVMS
BLOOMINGTON, Minn.-- Avionté , a leader in enterprise staffing and recruiting software, announced today it acquired SimpleVMS , a vendor management system (VMS) for mid-to-large employers with a strong clerical and light industrial (CLI) c
EarningsPaycom Software, Inc. Reports Second Quarter 2023 Results with 26.6% YoY Increase in Total Revenue
OKLAHOMA CITY, August 1, 2023-- Paycom Software , Inc. (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced its financial results for the quarter ended June 30, 2023. “We delivered anot
Product NewsTriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock
Dublin, CA — July 31, 2023 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price
EarningsRobert Half Reports Second-quarter Financial Results
MENLO PARK, Calif. , July 25, 2023 -- Robert Half Inc. (NYSE: RHI) today reported revenues and earnings for the second quarter ended June 30, 2023. For the three months ended June 30, 2023, net income was $106 million , or $1.00 per sha
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
FundingHappeo Raises US$26 Million in Series B Funding to Solve Information Chaos
Amsterdam, Thursday 7th July 2022 – Happeo , the intranet platform for fast-moving companies, has raised US$26 million in a Series B funding round led by Endeit Capital, Smartfin and Evli Growth Partners. Happeo’s earlier investors Inkef,
Venture CapitalImmediate, a US Earned Wage Access Company, Secures $16M in Funding to Accelerate Expansion in Workplace Financial Health
Immediate, an earned wage access company, announced a $16 million round of funding, split between growth equity and a working capital facility. This will enable Immediate to accelerate its growth in the workplace financial health sector. Th
HotNewsThe No Robot Bosses Act of 2023: A Landmark Legislation for Ethical AI in the Workplace, with Insights from New York City's AI Law
In the rapidly evolving landscape of artificial intelligence (AI), the "No Robot Bosses Act of 2023" stands as a beacon of hope for ethical AI practices in the workplace. Introduced by U.S. Senators Bob Casey (D-Pennsylvania) and Brian Scha
NewsUSCIS's New Form I-9 and Remote Verification Rule Effective August 1: A Significant Step Towards Digital Transformation in Employment Verification
This is a significant development that reflects the ongoing shift towards remote work and digital processes in the wake of the COVID-19 pandemic. The ability to conduct remote documentation and verification will likely streamline the hiring
Company NewsA Human Transformation Company BetterUp Partners with the Employee Experience Platform Microsoft Viva to Drive Peak Performance and Well-Being for Millions in the Workplace
BetterUp unlocks human transformation to supercharge workplace performance, purpose, and productivity through new integration with Microsoft Viva San Francisco, CA – July 18, 2023 – BetterUp® , the human transformation company, today ann
Company NewsFrom Reviews to 'Bowls': Glassdoor's New Initiative Sparks Debate on Workplace Transparency
Glassdoor, renowned for enabling anonymous employer reviews, has introduced a new feature that allows anonymous discussions focused on specific employers and industries. These communities, termed "bowls", are a product of Glassdoor's acquis
Company NewsNexaLearning to Merge with A HR Consulting Firm JER HR Group to Deliver Expanded Organizational Development & Learning Services
NexaLearning will merge with JER HR Group LLC, a recognized leader in compensation, learning and HR consulting services. NEW YORK, NY – July 18, 2023 JER HR Group and NexaLearning jointly announce their plans for NexaLearning to join JER
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 NewsNelsonHall Names Paylocity a Leader in its 2023 Next-Generation HCM Technology NEAT Report
SCHAUMBURG, Ill., July 13, 2023-- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, has achieved a Leader ranking in NelsonHall's 2023 Next-Generation HCM Technology NEAT report for both the Smal
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 CapitalWorkforce Management Platform When I Work Acquires Fintech Startup Lean Financial
When I Work plans to introduce custom financial products for hourly workers in early 2024. MINNEAPOLIS – July 11, 2023 –Today, When I Work , a market leader in shift-based workforce management software used by more than 200,000 workplaces
Company NewsHR SaaS Provider Vantage Circle Opens Americas HQ In Calgary To Expand Its Market
Vantage Circle selected Calgary as headquarters for company’s Americas and international growth operations Special guests at the official opening included the CEO of Calgary Economic Development Brad Parry and the Mayor of Calgary Jyoti Gon
NewsEmpowering HR with AI: GoCo Announces Breakthrough Capabilities for HRIS Platform
HOUSTON-- GoCo.io , the leading provider of flexible software solutions for HR, benefits, and payroll, today announced the integration of advanced artificial intelligence (AI) capabilities into the platform. With this groundbreaking develop
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 NewsAxonify Evolves Artificial Intelligence Capabilities, Launching New Generative AI Tool
Enabling clients with AI-powered technology for over a decade, Axonify’s new generative AI tool provides frontline workers with instant information to maximize performance, productivity. WATERLOO, ONTARIO – June 28, 2023 – Axonify , a lead
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
Company NewsGSoft becomes Workleap, strengthening its commitment to bringing people and technology together to drive business excellence
GSoft is becoming Workleap After 17 years as a bootstrapped company, GSoft and its ecosystem of employee and digital experience software becomes Workleap on the heels of a CA$125M capital investment MONTRÉAL — June 26, 2023 — GSoft, a lead
Venture CapitalA Healthtech Platform Oliva Raises €5M in Funding Expanding Workplace Mental Health Support
Oliva , a London, UK-based healthtech platform offering on-demand mental health and wellbeing support to employees, raised €5M in funding. The round, which brought the total amount to €13M, was led by Molten Ventures with participation from
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