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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Ease 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
Venture CapitalCanadian AI-Powered Engagement Platform ThoughtExchange Lands $13.5M Equity Investment for Business Expansion
ThoughtExchange, a leading AI engagement and survey platform, recently secured a substantial $13.5M equity investment. This financial boost, led by InBC Investment Corp. along with various established investors, underlines the platform's in
Venture CapitalIndian SaaS Powerhouse ProHance Gains Major Investment from ChrysCapital
ProHance, a leading workplace analytics and operations management SaaS provider, announced a significant investment from ChrysCapital, a prominent Indian investment firm. This strategic move is set to accelerate ProHance's global expansion,
Venture CapitalExectras' Game-Changing Moment: $30 Million Financing from Tacora to Boost SMB Services
Exectras , a prominent service provider for small and medium-sized businesses (SMBs), recently completed a significant debt financing deal with Tacora Capital, securing up to $30 million. This funding will drive the acquisition of merchant
Venture CapitalKahuna Workforce Solutions Raises $21M in Series B to Transform Frontline Skills Management
Kahuna Workforce Solutions recently secured a $21 million Series B funding from Resolve Growth Partners to enhance its skills management technology for frontline workers. This significant investment marks a milestone in Kahuna's growth traj
Venture CapitalEvery.io Emerges with $9.5M Funding: A One-Stop Solution for Startup HR and Finance
Every.io, an innovative all-in-one back office stack for startups, has emerged from stealth with a significant milestone: securing $9.5 million in seed funding. The funding round, led by Base10 Partners, with contributions from Y Combinator
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 CapitalGoldman Sachs Leads $45M Investment in Candex for Asian Market Expansion
Candex , a leading player in the procurement management industry, has recently garnered a significant $45 million in Series B funding, primarily led by Goldman Sachs. This investment, boosting Candex's total capital to $85 million, is earma
Company NewsJeff Moses Named CEO of WorkForce Software
Jeff Moses has been appointed as the CEO of WorkForce Software , effective January 1, 2024. Bringing over 25 years of expertise in B2B Cloud SaaS and a strong track record as WorkForce's Chief Revenue Officer, Moses is set to spearhead the
Venture CapitalOmaha's Workshop Secures $12M: A New Era for Internal Communication
Redefining Internal Communication: Workshop 's $12M Series A Triumph" In an era where effective internal communication is pivotal, Workshop, an Omaha-based startup, has emerged as a game-changer. Securing a significant $12 million in Series
Venture CapitalEngagedly's Strategic Takeover of theEMPLOYEEapp Enhances Deskless Workforce Connectivity and Growth
Engagedly has strategically acquired theEMPLOYEEapp to revolutionize how companies communicate with their deskless workers. By harnessing AI-powered talent management, this move aims to streamline internal communications, bolster remote eng
EarningsFiverr Announces Third Quarter 2023 Results
Delivered strong results for Q3’23. Our focus and execution across our core marketplace and Fiverr Business Solutions allowed us to deliver revenue and Adjusted EBITDA at the high end of our guidance. Improving Adjusted EBITDA margins for
EarningsSterling Reports Third Quarter 2023 Results Continued Execution Towards 2023 Goals and Long-Term Strategy
NDEPENDENCE, Ohio, Nov. 08, 2023 Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the thi
Venture CapitalEnable Powers Up with $120M Series D Funding to Revolutionize Rebate Management
Enable has secured a substantial $120M in Series D funding, placing its valuation at $1.12B, as it continues to revolutionize rebate management in the global supply chain. Emphasizing the simplicity and strategic importance of rebates, Enab
Venture CapitalSA recruiting startup JOBJACK raised $2.5 M to support initiatives to reduce unemployment
South African recruitment startup JOBJACK has raised ZAR45 million (US$2.5 million) in pre-Series A funding to help it change the narrative of entry-level recruitment in the country. Founded in 2018 by Christiaan van den Berg and Heine Bell
EarningsPaylocity Announces First Quarter Fiscal Year 2024 Financial Results
Q 1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year Q 1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Venture CapitalEmpowering the Workforce: Nowsta's $35M Series C to Transform Contingent Hiring
Nowsta, a leading technology firm shaping the gig workforce's operating systems, has announced a substantial $35 million in Series C funding. This financial boost is in stride with the unveiling of Nowsta Staffing Labs, a groundbreaking ini
Venture CapitalSan Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness
San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service
Company NewsCreative Talent Endeavors launches AI-powered 'Fairantee™' algorithm to inject transparency into executive search pricing
Fairantee™ breaks the traditional pricing model of recruiting search firms and allows clients to understand what goes into what they pay CHARLOTTE, NC - October 31, 2023 - Creative Talent Endeavors (CTE), a retained executive search and HR
Venture CapitalWork Shield raises $6 million from Ballast Point Ventures
Work Shield, a Dallas-based incident management technology firm, has secured a $6 million investment from Ballast Point Ventures. This strategic move aims to bolster Work Shield's comprehensive solution for reporting, investigating, and res
Venture CapitalLondon-based Spotted Zebra's £7.7M Funding: A Leap Towards Skills-Centric Workforce Management
London-based Spotted Zebra, a pioneering skills-based workforce management platform, has successfully raised £7.7M in a Series A funding round. With a vision to address the global skills-gap crisis, the company aims to align individuals wit
Venture CapitalOfficeRnD Secures Investment from Blue Star Innovation Partners: What's Next for Flexible Workspaces?
OfficeRnD Announces Strategic Partnership with Blue Star Innovation Partners, Aiming to Transform the Coworking and Hybrid Work Industries Today marks a significant milestone for OfficeRnD, a leading provider of workspace management solutio
Venture CapitalMiami-Based Traba Secures $22M Funding: Revolutionizing Light Industrial Staffing
Traba, a leading marketplace for light industrial staffing, has raised $22 million in a funding round led by Founders Fund. The investment marks a significant valuation increase from last year and includes participation from returning inves
Venture CapitalMicro1's Game-Changing $1.3M Raise: Revolutionizing AI in Engineering Recruitment
Micro1 , an LA-based engineering recruitment company, has successfully raised $1.3 million in a new funding round, surpassing its initial goals. Founded by Ali Ansari, a UC Berkeley alumnus and seasoned entrepreneur, Micro1 leverages AI to
EarningsTriNet Announces Third Quarter 2023 Results
TriNet Group, a leading provider of human capital management solutions, has announced its financial results for Q3 2023. The company reported a slight decrease in total revenues and professional service revenues compared to the same period
Company NewsMeet 'Vee': Visier's AI Assistant That Democratizes Workforce Insights
Visier, a global leader in people analytics, made significant announcements at the annual HR Technology Conference. The company introduced its vision for Systemic HR, a unified HR model powered by connected data. Visier also unveiled 'Vee,'
Venture CapitalRedefining Hospitality Workforce Management: New York's Harri Raises $43M in Latest Funding
Harri, a leader in Frontline Employee Experience technology, has successfully closed its Series B funding round, raising $43M led by Atalaya Capital Management and Golub Growth. The funding will accelerate Harri's expansion and innovation i
Product NewsG-P Unveils AI-Enabled Tools for Smarter Global Expansion and Hiring
G-P (Globalization Partners) , the pioneer and recognized leader in the global employment industry, known for setting the standard in global employment compliance, today at the HR Technology Conference & Exposition ® announced first-of-the
Company NewsKelly Launches Recruitment Platform for AI and Automation Talent
Kelly has just launched Kelly Arc, an innovative online recruitment platform tailored for AI-powered automation roles. Tackling the talent gap in AI and automation, this platform is a game-changer. With AI-based matching and personalized re
Venture CapitalHiringBranch Secures $2.5M in Funding Round Led by BDC Capital to Revolutionize HR
MONTREAL, QC October 4, 2023 / HiringBranch announced today that it has secured $2.5 million in non-dilutive funds from BDC Capital's Growth & Transition Capital division. BDC, Canada's bank for entrepreneurs, is investing in HiringBranch
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