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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Payoneer Expands Global Footprint with Strategic Acquisition of Skuad for $61 Million
Payoneer, a global leader in cross-border payment solutions, has announced its acquisition of Singapore-based HR and payroll startup Skuad for $61 million. This strategic move is aimed at strengthening Payoneer's position in the global fint
Venture CapitalPhenom Acquires Tydy, Expanding Platform to Seamlessly Onboard Employees
Phenom has acquired Tydy, enhancing its Intelligent Talent Experience platform by incorporating Tydy's advanced preboarding and onboarding capabilities. This integration aims to create a seamless, efficient transition from hire to productiv
Product NewsWorkday Announces Built on Workday to Help Partners Build, Manage, and Distribute Finance and HCM Apps to Workday Customers
Workday, Inc. has announced "Built on Workday," a new program designed to enable partners to build, manage, and market apps for the Workday platform. Unveiled at the Workday DevCon 2024, this initiative allows partners to create tailored so
ColumnWorkday's Q1 FY2025: A Surge in Revenues and AI-Driven Growth
Workday, Inc. reported impressive fiscal 2025 first-quarter results, showcasing strong revenue growth and significant improvements in profitability. Total revenues reached $1.990 billion, an 18.1% year-over-year increase, while subscription
Company NewsAnnouncing Our 2024 Workday Partner Innovation Award Winners
These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor
Company NewsWorkday Adaptive Planning and Consolidation Delivers Efficiency, Agility, and Ease of Use to Finance Organizations
Workday introduces "Workday Adaptive Planning and Consolidation," a new Enterprise Performance Management (EPM) solution enhancing finance organization efficiency. This innovative product integrates Workday Adaptive Planning's agile plannin
Venture CapitalDeel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy
Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De
ColumnWorkday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results
Workday, Inc. announced its fiscal 2024 fourth quarter and full-year results, revealing significant growth. The company reported a 17% year-over-year increase in total revenues for the fourth quarter, reaching $1.9 billion, with subscript
FundingModern Benefits Leader, Benepass, Secures $20M in Funding
Benepass , a leader in modern benefits, announced a $20M funding round to expand its platform and accelerate product development. With over 100,000 employees from top companies using its services, the investment, led by Portage and Clocktow
Product NewsSterling to Offer Market Leading Clinical Solutions Through Acquisition of Vault Workforce Screening
Sterling Check Corp (NASDAQ: STER), a distinguished leader in background screening and identity services, has strategically acquired Vault Workforce Screening, a prominent U.S. clinic management platform. This acquisition not only expands S
Product NewsEase Learning and Freedom Learning Group Announce Merger, Position for Growth
Freedom Learning Group and Ease Learning, both pioneers in e-learning, have announced their strategic merger. This significant consolidation aims to enhance the capabilities of both companies, notably in creating high-quality, skills-based
Company NewsWorkday Announces Fiscal 2024 Third Quarter Financial Results
·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C
Venture CapitalEspresa Raises $23 Million Series A Funding to Transform Personal Benefits for Global Workplaces
Espresa has successfully secured $23 million in Series A funding led by Clear Ventures, marking a significant milestone in the HR tech space. The funding aims to accelerate the expansion of Espresa's LSA Plus™ platform, a revolutionary pers
EarningsWorkday Announces Fiscal 2024 First Quarter Financial Results
Fiscal First Quarter Total Revenues of $1.68 Billion, Up 17.4% Year Over Year Subscription Revenues of $1.53 Billion, Up 20.1% Year Over Year 24-Month Subscription Revenue Backlog of $9.79 Billion, Up 22.9% Year Over Year Total Subscripti
EarningsSeek Announces Fiscal Year 2023 Half Year Results, Revenue up 21% Year over Year to Au$626.7 Million
Feb. 21, 2023 -- SEEK , a market leader in online employment marketplaces that span ten countries across Asia Pacific and Latin America, announced half year financial results for the fiscal year 2023. Highlights Half year revenue rose 21% y
Venture CapitalKingsley Gate Partners Expands Global Footprint with Acquisition of The Omerta Group
Executive search leader significantly strengthens financial services capabilities in New York, London, and Hong Kong New York – January 11, 2023 – Kingsley Gate Partners , a global executive search firm that is tech-enabled, global, and ba
ColumnJosh Bersin:HR Technology 2023: What’s Hot? What’s Not?
The HR Tech market has been on fire for the last few years. More than $15 Billion of venture and PE money was invested and the number of startups is astounding. The average large company now has more than 80 different employee-facing syste
Venture CapitalThe Muse announces $8 million investment led by mbm capital for future of work consolidation play
The investment from MBM Capital, founded in 2021 by investors Lauren Bonner and Arun Mittal , is part of The Muse's larger roll-up strategy in the hiring space. NEW YORK , Sept. 21, 2022 / -- The Muse, a values-based job search and care
Company NewsWorkday Announces Fiscal 2023 Second Quarter Financial Results
Fiscal Second Quarter Total Revenues of $1.54 Billion , Up 21.9% Year Over Year Subscription Revenues of $1.37 Billion , Up 22.8% Year Over Year 24-Month Subscription Revenue Backlog of $8.37 Billion , Up 21.7% Year Over Year Total Subsc
JoshBersinJosh Bersin: ServiceNow Acquires Hitch: Entering The Skills And HCM Market
Today was some big news. ServiceNow, the leader in enterprise workflow and employee experience platforms, announced the acquisition of Hitch , a small player in the massive market for skills technology and talent marketplace solutions. Thi
Workday Announces Fiscal 2023 First Quarter Financial Results
Fiscal First Quarter Total Revenues of $1.43 Billion , Up 22.1% Year Over Year Subscription Revenues of $1.27 Billion , Up 23.2% Year Over Year 24-Month Subscription Revenue Backlog of $7.97 Billion , Up 20.9% Year Over Year Total Subscr
Canadian human resources startup Humi secures $31 million Series B
Human resources tech startup Humi has secured $31 million CAD in a Series B funding round led by Kensington Capital Partners. With a focus on providing HR tech specifically tailored to Canadian companies, Humi is looking to expand its pla
Venture CapitalBCG:The $12 Billion Opportunity in HR Technology
A flood of new solutions is vying to help companies manage their workforce. In this crowded market, players can pursue three strategies to win share. Talent management is a large and growing challenge at many organizations, and talent manag
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