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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Barcelona-based Factorial secures $80M of Go-To-Market investment from General Catalyst to accelerate growth
Factorial , a Spanish HR platform, has secured an €80 million investment from U.S. VC firm General Catalyst. This investment, described not as a funding round but as a "go-to-market investment," is uniquely structured as contained debt aime
Company NewsGoogle Cloud Announces Generative AI, Cybersecurity, and Data Analytics Trainings with New Skills-Based Interview Accelerator for Hiring Partners
Today at the ASU + GSV Summit, Google Cloud unveiled new AI, cybersecurity, and data analytics certificates and courses, designed to meet the burgeoning demand for tech skills. These offerings, developed in partnership with entities like th
Venture CapitalParaform Secures $3.6M in Seed Funding to Revolutionize Recruitment for Startups
Paraform , a recruitment platform dedicated to startups, has recently secured a $3.6 million seed funding round led by A*. The platform utilizes the skills of recruiters displaced by the tech industry layoffs in 2022 and 2023, connecting st
Venture Capitalbswift LLC acquires Davis & Company, expanding its Communication Agency suite of solutions
bswift , a leader in employee benefits technology and administration, has announced the acquisition of Davis & Company, an innovator in internal communication. This acquisition is aimed at enhancing bswift's services in change management, m
Venture CapitalToptal Expands Leadership in Custom Software Development with Acquisition of VironIT.com
Toptal , the world's largest fully remote workforce, has strategically acquired the assets and brand of VironIT.com, a specialist in custom software and IT consulting. This acquisition enhances Toptal's software development capabilities, pa
Venture CapitalVeremark secures $3 million to expand global background screening capabilities
Veremark, a global leader in background screening, has secured $3 million in a Pre-Series B funding round to enhance technology and expand client acquisition. The company addresses a critical need for compliant hiring practices in a $8bn ma
ColumnRandstad Selects Workday for Global Finance, HR, and Talent Solutions
Companies Also to Explore Mutual Service Offering to Provide Businesses Around the World With Greater Access to Talent Management Tools PLEASANTON, Calif. , April 11, 2024 -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions
Product NewsmeQ Introduces Pioneering, Proprietary sparQ™ Generative AI Technology Into Its Workforce Resilience Platform
meQuilibrium (meQ) announces the launch of sparQ, a revolutionary generative AI technology aimed at transforming workforce engagement, performance, and well-being. Utilizing a vast global database of human cognitive and behavioral data, spa
Venture CapitalInverness Graham Revolutionizes Employee Engagement with BenefitHub Acquisition
Inverness Graham, a prominent Philadelphia-based buyout firm known for its strategic investments in technology-driven companies, has recently announced its acquisition of BenefitHub . Founded in 1999, BenefitHub stands out as a leading plat
Venture CapitalCadient has been acquired by Basis Vectors Capital
Cadient , a frontrunner in talent acquisition for the hourly hiring sector, has been acquired by Basis Vectors Capital, a private equity firm specializing in B2B SaaS investments. This strategic move aims to accelerate Cadient’s growth and
Product NewsTrusaic Introduces New Global Pay Data Reporting Suite
Trusaic introduces a comprehensive suite of Global Pay Data Reporting solutions designed to assist organizations in navigating the intricate landscape of global pay data reporting requirements. With the advent of stringent regulations aimed
Venture CapitalEntrust Completes Acquisition of Onfido, Creating a New Era of Identity-Centric Security
Entrust , a global leader in payments, identities, and data security, has finalized the acquisition of Onfido , a premier identity verification provider. This strategic move fortifies Entrust's portfolio with the most advanced AI-powered, i
Venture CapitalCariloop Secures $20 Million in Series C Funding to Accelerate Growth and Expand Caregiver Support Solutions
Cariloop , a leading platform in comprehensive caregiver support, has successfully closed its Series C funding round with $20 million, led by ABS Capital. This investment underscores the significant growth and nationwide traction Cariloop h
Venture CapitalEAB to Acquire Forage to Bridge the Gap Between College and Career for Millions of Students
EAB , a leading education firm, has announced the acquisition of Forage, a premier provider of virtual job simulations, to join its talent division, Seramount. This strategic move aims to bridge the gap between college education and career
Venture CapitalMultiverse acquires AI talent software company Searchlight to help businesses close skills gaps
NEW YORK , April 8, 2024 -- Tech company Multiverse has acquired Searchlight , a talent intelligence and skills assessment platform that uses AI to help companies close their skills gaps. California -based Searchlight was founded in 2018
Venture CapitalEarly-Stage Workforce Venture Fund Announces $15M First Close
JFFVentures , a pioneering impact venture fund, proudly announces the first close of its second fund at $15M, with an ambitious target of $50 million. This fund is dedicated to empowering tech startups led by founders with lived experiences
Company NewsSmartRecruiters' Global Footprint: Facilitating 100 Million Job Applications Signals Strong International Growth
SmartRecruiters , an innovative hiring platform, announces significant growth and strategic advancements, marking a notable presence in the global recruitment technology sector. The platform has achieved a milestone with over 100 million jo
Venture CapitalWellfound Acquires Celential.ai: A Game-Changer for the Recruitment Industry
Wellfound announces its acquisition of Celential.ai , marking a significant stride in revolutionizing recruitment. Celential.ai, known for its innovative AI recruiting tool, has transformed the hiring landscape for startups by streamlining
Company NewsBetterUp Names Jolen Anderson as Chief People and Community Officer
Visionary People Leader Joins Human Transformation Company AUSTIN, TX – April 4, 2024 – BetterUp , the human transformation company and pioneer of virtual coaching, today announced the appointment of Jolen Anderson as the company’s first-e
Venture CapitalCareerArc Acquires Recruitment Video Platform Lumina
CareerArc , a leading force in social recruiting solutions, has significantly expanded its capabilities by acquiring Lumina , the premier SaaS platform for producing visual job postings at scale. This strategic move not only enhances Caree
Venture CapitalIndustry-leading Team Management App Homebase Raises $60M Series D to Fuel Innovation and Expand Product Ecosystem for Local Business Teams
Homebase , a leader in HR and team management applications for small businesses, announced a $60M Series D funding led by L Catterton Growth with support from Emerson Collective and others. This funding will boost R&D to expand its product
Company NewsAccenture Appoints Karalee Close as Global Talent & Organization Lead to Help Power Clients’ Reinvention with Technology and Talent
Accenture announces the appointment of Karalee Close as the leader of its Talent & Organization practice and a member of its Global Management Committee. Close brings extensive experience in transformative leadership, combining technology w
Venture CapitalRemote Acquires Easop to Help Companies Grant and Manage Equity for Global Talent
Remote, a leader in managing globally distributed workforces, has acquired Easop, a company specializing in compliance solutions for equity management across international borders. This strategic move enhances Remote's capabilities, allowin
Venture CapitalITA Group acquires Cooleaf to form industry-leading employee engagement solution
ITA Group, a leader in employee engagement solutions based in West Des Moines, Iowa, has announced the acquisition of Cooleaf, an innovative recognition and rewards SaaS platform, on April 2, 2024. This strategic move enhances ITA Group's o
Venture CapitalModal Announces $25 Million Series A to Upskill Employees in AI
Modal, a premier skills development platform specializing in data and analytics training, has successfully secured a $25 million Series A funding led by Left Lane Capital and Ensemble VC, with contributions from Signalfire and Learn Capital
Product NewsJosh Bersin Company's Irresistible 2024 Confirms Stellar Speaker Line-Up and Global HR Leader Agenda
HR leaders from Marriott International, Microsoft, Accenture, IBM, The Coca-Cola Company and The Walt Disney Company among keynote speakers and session hosts at the third successive Irresistible AI and its challenges and opportunities exp
Company NewsEmploy Inc. Ushers in Next Growth Phase with Technology Veteran Steve Cox as CEO
Employ Inc., a comprehensive talent acquisition technology provider and the umbrella company for JazzHR, Lever, Jobvite, and NXTThing RPO, has appointed Steve Cox as its new CEO starting April 1, 2024. With over 25 years of leadership in bu
Company NewsWorkday Announces Completion of HiredScore Acquisition: A New Chapter in AI-Driven Talent Solutions
Workday has finalized its acquisition of HiredScore, a leader in AI-driven talent solutions, marking a significant advancement in HR technology. This merger enhances Workday's suite of talent acquisition and mobility services by incorporati
Company NewsVoiceitt puts its AI to work, making the remote workplace inclusive
Voiceitt , an Israel-based innovator in speech recognition technology, partners with Virtualahan, a Philippine organization focused on training and employing people with disabilities. Together, they aim to tackle the global challenge of dis
Venture CapitalBrightside Health Raises $33M in Series C to Expand Telemental Health Services Nationwide
Brightside Health, a provider of teletherapy services for depression, anxiety, and other mood disorders, has successfully raised $33 million in Series C funding. The round was led by S32 and included both existing and new investors such as
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