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Company News

Paylocity Surges with $326.4M Revenue in Q2 FY2024: A Glimpse into Cloud HCM's Expanding Market Dominance

Q 2   2024  Recurring & Other Revenue of  $298.4 million ,  up   16%  year-over-year Q 2   2024  Total Revenue of  $326.4 million ,  up   20%  year-over-year SCHAUMBURG, Ill, Feb. 08, 2024  Paylocity Holding Corporation (Nasdaq: PCTY), a le

Feb 8, 2024
Company News

Frontline Workers Have Greater Mental Health Needs, Yet Are Less Likely to Seek Help, Study Finds

The meQuilibrium study highlights a significant mental health crisis among frontline workers, revealing they face higher rates of anxiety, depression, and stress compared to their non-frontline counterparts. Despite the greater need for sup

Feb 8, 2024
Column

McLaren Racing Expands Partnership with Workday for the 2024 Formula 1 Season

McLaren Racing has announced the expansion of its partnership with Workday, a leader in enterprise cloud applications for finance and HR, into the 2024 Formula 1 season. Workday, continuing as an Official Partner, will feature its logo on t

Feb 7, 2024
Venture Capital

Colossyan's Strategic Leap: Pioneering the Future of AI-Driven Corporate Learning with $22M Series A Funding

Colossyan , a Hungarian-founded, UK-based startup, has successfully raised $22 million in Series A funding, led by European VC firm Lakestar, to advance its AI-driven video production platform. This technology, designed to transform digital

Feb 6, 2024
Company News

Workday Appoints Chikara Furuichi as the New President of Japan

Workday, Inc. announces the strategic appointment of Chikara Furuichi as the new President of Japan, underscoring its dedication to expansion within the Japanese market. With over 25 years of experience in IT, SaaS security, and cloud servi

Feb 5, 2024
Company News

Perceptyx Releases New AI-Powered Insights to Transform the Employee Experience

Perceptyx has unveiled a revolutionary upgrade to its People Insights Platform, integrating advanced AI and analytics to elevate the employee experience (EX). This update introduces an AI Insights Engine, leveraging machine learning to prov

Jan 31, 2024
Funding

Modern 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

Jan 31, 2024
Venture Capital

Fora Launches Visionary Executive Relationship Management (ERM) Platform With $3.8 Million in Pre-Seed Funding

Fora has launched an Executive Relationship Management (ERM) platform, revolutionizing C-suite decision-making with advanced AI technology. Funded by $3.8 million in pre-seed investment, Fora offers a unique solution to the challenges faced

Jan 31, 2024
Company News

Carl Eschenbach Takes the Helm as Workday CEO

Official Appointment Follows a Year of Strong Business Momentum, International Expansion, and Leadership Team Growth PLEASANTON, Calif. ,  Jan. 31, 2024    Workday  (NASDAQ: WDAY), a leader in enterprise cloud applications for  finance  and

Jan 31, 2024
Earnings

Robert Half Reports Fourth-Quarter Financials: $1.473 Billion in Revenue

Robert Half Inc. reported its fourth-quarter financial results, highlighting significant outcomes and future prospects. The report shows a net income of $87 million, or $0.83 per share, on revenues of $1.473 billion for the quarter ending D

Jan 30, 2024
Venture Capital

Compa's $10M Series A Funding Led by Storm Ventures: Pioneering the Future of Real-Time Compensation Data

Compa, a leading provider of real-time compensation market data, recently secured $10 million in Series A funding, led by Storm Ventures. This investment is a testament to Compa's innovative approach to compensation intelligence, which devi

Jan 29, 2024
Venture Capital

Quantum5 Acquires Trivie to Grow Automotive Retail Learning Opportunities

Quantum5 , an automotive division of Ander, announced the acquisition of Trivie, a workforce engagement platform employing AI to enhance learning experiences. This move strengthens Quantum5's mission to revolutionize learning in the automot

Jan 29, 2024
Earnings

ServiceNow Reports Fourth Quarter and Full-Year 2023 Financial Results

ServiceNow , a leader in digital workflow solutions, has exceeded its guidance in all top-line growth and profitability metrics for Q4 2023. The company reported a remarkable 27% year-over-year growth in subscription revenues, reaching $2,3

Jan 25, 2024
Venture Capital

Zvoove acquires Planbition, the leading SaaS workforce management and planning platform for the temporary staffing industry

Zvoove , a prominent European software provider for temporary staffing and cleaning sectors, has acquired Planbition, a leading Dutch cloud-based workforce management solution. Planbition, known for its flexibility, serves top clients world

Jan 23, 2024
Company News

iMocha introduces an advanced AI-Skills Match Engine to simplify Talent Acquisition

iMocha has unveiled an innovative AI Skills Match Engine, revolutionizing the talent acquisition process. This advanced tool leverages artificial intelligence to streamline recruitment, offering a more efficient and accurate approach to eva

Jan 22, 2024
Product News

Ceridian to Acquire eloomi, a Market-Leading Learning and Development Platform

Ceridian, a renowned human capital management tech company, is set to acquire eloomi, a leader in learning experience platform software. This strategic move, expected to finalize in Q1 2024, aims to bolster Ceridian's Dayforce platform. It

Jan 19, 2024
Venture Capital

Empowering the Workforce: weavix Raises $23.6M in Series B for AI-Enhanced Worker Connectivity

weavix , a Wichita-based technology firm, has announced a significant milestone in its growth journey by securing $23.6 million in Series B funding. This investment round, led by global software investor Insight Partners, with contributions

Jan 16, 2024
Company News

Workday Announces Continued Retail Industry Momentum Driven By Accelerated Demand for AI Solutions that Help Fuel Organizational Agility and Growth

More Than 55% of the NRF Top 100 Retailers Are Using Workday to Elevate the Frontline Worker Experience, Increase Productivity, and Manage Operational Costs PLEASANTON, Calif. ,  Jan. 11, 2024 -  Workday, Inc.  (NASDAQ: WDAY), a leader in e

Jan 11, 2024
Company News

ADP appoints Thomas J. Lynch as the new Independent Board Chair

Carlos Rodriguez  to continue as member of ADP Board of Directors ROSELAND, N.J. ,  Jan. 10, 2024   ADP , a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors ap

Jan 10, 2024
Company News

Global Compliance Technology Leader, Mitratech, Elevates Market Position with Dual Acquisitions of Syntrio and Mineral

Mitratech, a leader in global compliance technology, has expanded its suite by acquiring Syntrio and Mineral, enhancing its offerings with ethics hotlines, predictive HR services, and over 1,000 eLearning courses. This move creates a compre

Jan 10, 2024
Product News

Bullhorn Acquires Mployee to Help Recruitment Agencies Accelerate Their Digital Transformation Journey

Bullhorn , a global leader in software for the staffing and recruitment industry, has acquired Mployee, a Netherlands-based company specializing in Salesforce-based solutions for recruitment agencies. This strategic move aims to accelerate

Jan 5, 2024
Venture Capital

Vestwell's Series D Success: Paving the Future of Fintech with $125 Million

Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major

Dec 22, 2023
Venture Capital

Salt Labs Raises Additional $8M to Bring Loyalty Earned Assets to the Workforce

Third Prime invests  $8 million  in Salt Labs, bringing the total amount raised by the company to  $18 million  in less than a year NEW YORK ,  Dec. 19, 2023     Salt Labs , a loyalty and financial technology company that bridges the gap be

Dec 19, 2023
Company News

Jim McCoy Takes the Reins at Atlas HXM to Bolster Global Business Alliances

Atlas Appoints Jim McCoy as New Chief Executive Officer to Enhance Global Enterprise Partnerships. Atlas HXM has appointed Jim McCoy, a seasoned leader from ManpowerGroup, as their new CEO. McCoy is recognized for his expertise in global wo

Dec 19, 2023
Company News

Majority of Hourly Workers Unconcerned About AI Replacing Their Jobs

The 5th Annual Branch Report reveals insights into the perspectives of hourly workers regarding AI's impact on job security. Contrary to popular belief, a significant number of these workers are not worried about AI replacing their jobs. Th

Dec 14, 2023
Product News

Upwork Study Finds 64 Million Americans Freelanced in 2023, Adding $1.27 Trillion to U.S. Economy

The "Freelance Forward: 2023" report by Upwork reveals a significant shift in the U.S. labor market towards freelancing. With 64 million Americans, or 38% of the workforce, now freelancing, the sector contributes $1.27 trillion annually to

Dec 12, 2023
Venture Capital

Beqom Acquires PayAnalytics: Pioneering the Future of Pay Equity and Total Compensation

Beqom, a leader in compensation and performance management, acquires PayAnalytics, a pioneer in pay and workplace equity software. This strategic move responds to the increasing demand for pay equity and transparency, combining advanced pay

Dec 12, 2023
Product News

Yellow.ai Announces Listing of its Generative AI-powered Voicebots and Chatbots on Zendesk Marketplace

The listing will enable enterprises to deliver human-like experiences through Yellow.ai's Dynamic Automation Platform (DAP), leading to 60 percent reduction in operational costs. SAN MATEO, Calif. ,  Dec. 12, 2023   Yellow.ai , a global lea

Dec 12, 2023
Venture Capital

Medefy Health Clinches $10M Series A to Revolutionize Healthcare Navigation

Medefy Health , a trailblazer in mobile-first healthcare benefits navigation, has secured a significant $10 million in Series A funding. This investment, spearheaded by Mercury Fund and Advantage Capital, is set to bolster Medefy's AI and t

Dec 11, 2023
Venture Capital

ContactMonkey secures $55M in Series A funding, led by Updata Partners

ContactMonkey, an innovative internal email communications platform, has recently secured a significant $55 million in Series A funding from Updata Partners. This investment comes at a crucial time when employee engagement is increasingly v

Dec 7, 2023
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