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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Josh 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
Venture CapitalHourWork Raises Additional $2.5 Million, Increasing Series A Round Fund Raise to $12.5 Million
BOSTON – HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, today announced the closing of $2.5 million in additional Series A funding led by MassMutual’s MM Catalyst Fund (MMCF), which jo
Venture CapitalFlorence raises $35m (£28.5m) series B funding to revolutionise social care
LONDON – June 1st, 2022 : Florence , the UK-based tech innovator for social care, today announced it has raised $35 million (£28.5m) through a Series B funding round. Florence will use the investment for product expansion to support care i
Product NewsADP National Employment Report: Private Sector Employment Increased by 128,000 Jobs in May
ROSELAND, N.J. , June 2, 2022 /PRNewswire/ -- Private sector employment increased by 128,000 jobs from April to May according to the May ADP ® National Employment Report ™ . Broadly distributed to the public each month, free of charge,
Venture CapitalSkillPointe Secures $2.25 Million in Series B Funding
ATLANTA— SkillPointe, LLC, a three-sided marketplace helping to solve the country’s prevalent skilled worker shortage, today announced the closing of a $2.25 million Series B-3 financing round. The Presidio Group LLC (“Presidio”), the leadi
EarningsHIRE Technologies Reports $9.1 Million in Revenue, Its Sixth Consecutive Quarter of Revenue Growth
Revenue of $9.1 million for the quarter ended March 31, 2022, up 66% from Q1-2021. Gross margin of $4.5 million was almost double the $2.3 million reported for the first quarter of 2021. Adjusted EBITDA 1 was $1.0 million ($0.1 million - M
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
Assembled Raises $51 Million in Series B Funding to Accelerate Workforce Management Platform
Funding will bolster company's ability to assist leading companies across industries craft efficient, world-class customer experiences SAN FRANCISCO , May 26, 2022 /PRNewswire/ -- Assembled, the leader in workforce management for modern s
RepVue closes $5 million in new funding to transform how sales professionals make career decisions
With so much of their income tied to performance, sales professionals across all industries want to make fully-informed career decisions. Likewise, in today's war for talent, employers need better data to help them target the right candida
Chattr raises $3.7 Million to Fix Hourly Hiring Through AI
TAMPA – Chattr , a leading end-to-end AI hiring automation software that delivers an easier and more efficient hiring process for hourly employees announced a new investment of $3.7 million. Chattr’s latest investment round is led by
Venture CapitalTorch Secures $40 Million in Series C Funding to Expand People Development Product Capabilities
Leading people development platform sees tremendous customer growth as the Great Resignation continues SAN FRANCISCO, May 23, 2022 – Torch , a leading people development platform that harnesses the power of trusted relationships to fuel em
Venture CapitalVelocity Global Raises $400M in Series B Round
Eldridge and Norwest Venture Partners lead funding round Achieves multi-billion dollar valuation, a 7x increase in one year Investment boosts the company’s Global Work Platform™ that enables businesses and talent to work with anyone, anywhe
Recruiting automation Platform-Fetcher Raises $27 Million in Series B Funding
Fetcher, a NYC-based full-service, recruiting automation platform, raised $27M in Series B funding.
EarningsFiverr Announces First Quarter 2022 Results
Fiverr Announces First Quarter 2022 Results ● Strong Q1’22 execution: We posted solid Q1 results amid a shifting macro environment. Q1 revenue was $86.7 million, a record for us. It was also the first time in any Q1 that we achieved Adjust
NewsFiverr Announces First Quarter 2022 Results
Fiverr Announces First Quarter 2022 Results ● Strong Q1’22 execution: We posted solid Q1 results amid a shifting macro environment. Q1 revenue was $86.7 million, a record for us. It was also the first time in any Q1 that we achieved Adjust
EarningsKELLY REPORTS FIRST-QUARTER 2022 EARNINGS
Q1 revenue up 7.5%; 9.0% in constant currency Q1 operating earnings of $23.4 million ; up 121% from a year ago Q1 loss per share of $1.23 down from a year ago on a non-cash loss on Persol Holdings investment Adjusted EPS of $0.46 in Q1
Venture CapitalRise Up raises €30M to Advance Employee Learning across Europe in round led by Connected Capital
Rise Up , the fast-growing employee learning software solution, has raised €30M with Connected Capital, a leading B2B SaaS-focused investment fund, its previous investor MAIF Avenir and its first shareholder Impact Partners. This second rou
Venture CapitalElectric Secures $20M In D-1 Funding Round, Bringing Valuation To $1B
NEW YORK — Electric , the leader in providing world-class IT technology for small and medium-sized businesses (SMBs), today announced it has raised $20 million in Series D-1 funding from Harmonic Growth Partners, five months after its $90 m
Venture CapitalBranch Raises $75M to Help Contract Workers Get Paid Faster
MINNEAPOLIS, MN — Branch , a leading workforce payments platform, today announced it has closed a Series C funding round totaling $75 million. The round, led by Addition, includes participation from leading global growth equity investor Ge
Upwork Announces the Suspension of Business in Russia and Belarus and Withdraws First Quarter and Full-Year 2022 Guidance due to Uncertainties Related to Russian Invasion of Ukraine
SAN FRANCISCO – March 7, 2022 – Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced the suspension of all busines
Venture CapitalEnboarder Raises $32 Million in Series B Funding to Expand People Activation Platform
AUSTIN, Texas ,-- Enboarder , the world's only People Activation Platform enabling companies to transform their people programs into simple, science-based, human-centric journeys, today announced it has raised $32 million in Series B fun
Venture CapitalVelocity Global Continues to Scale Its Leading Global Work Platform With the Acquisition of Shield GEO
DENVER, July 13, 2021 — Velocity Global continues to scale its leading global work platform with the acquisition of Shield GEO , an established global Employer of Record (EoR) provider. This is Velocity Global’s second acquisition this year
Venture CapitalPrimePay Announces Investment from Aquiline Capital Partners
WEST CHESTER, Pa. -- PrimePay , a national payroll, human capital management (HCM), and benefit services company, today announced it has received an investment from Aquiline Capital Partners, a private investment firm based in New York a
Venture CapitalKoch Industries Completes Acquisition of Infor
NEW YORK – Koch Industries, Inc. announced that it has completed the acquisition of the remaining portion of Infor from Golden Gate Capital. Infor, a global leader in business cloud software specialized by industry, has been a key component
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