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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300HR Tech Espionage Scandal: Rippling Sues Deel Over Alleged Trade-Secret Theft and Corporate Spying
A lawsuit filed by Rippling accuses Deel, a $12 billion HR tech unicorn, of orchestrating corporate espionage and trade-secret theft. The complaint alleges that Deel cultivated a Rippling employee as a corporate spy, who conducted thousands
Product NewsZoom debuts new agentic AI skills and agents for Zoom AI Companion
Zoom Communications has introduced a major upgrade to its AI Companion, now featuring agentic AI skills and AI agents designed to improve task automation, workflow orchestration, and customer experience. The latest updates include over 45 n
Company NewsHudson Global Reports 2024 Financial Results: $140.1M Revenue (-13.2%), $4.8M Net Loss, $17.7M Cash Reserves, and $0.9M Adjusted EBITDA
Hudson Global, a leading global talent solutions provider, reported its Q4 2024 and full-year financial results. The company faced a 13.2% decline in annual revenue, reflecting a challenging hiring environment worldwide. Despite a net loss
Company NewshireEZ and Talroo Partner to Unify High-Volume Hiring, Unlock Access to Millions of Frontline Worker Profiles for AI-Powered Sourcing
hireEZ and Talroo have announced a strategic partnership to enhance high-volume hiring by integrating AI-powered sourcing and frontline worker profiles. This collaboration grants hireEZ users exclusive access to Talroo’s TalentSync database
Venture CapitalAlta Raises $7M to Revolutionize Sales with AI-Powered Revenue Workforce
Alta , an AI-driven revenue workforce solutions provider, has raised a $7 million seed round and officially launched its AI agents designed to optimize sales, marketing, and RevOps functions. Its proprietary LLM for sales powers AI workforc
Venture CapitalHeyMilo Secures $2.2 Million to Interview and Evaluate Candidates at Scale with AI Agents
HeyMilo , an AI-powered candidate screening platform, has secured $2.2 million in seed funding led by Canaan Partners, highlighting the growing demand for AI-driven hiring solutions. HeyMilo automates the early interview process using AI ag
ColumnWorkday Reports $8.446B Revenue in FY2025, Subscription Growth Hits 16.9%
Workday reported robust financial results for fiscal 2025, highlighting significant year-over-year growth in both total and subscription revenues. Fourth quarter total revenues reached $2.211 billion, up 15%, while subscription revenues ros
EarningsFiverr Reports 13% Q4 Revenue Growth, Unveils AI and Freelancer Equity Initiatives
Fiverr delivered an exceptional 2024 performance, closing the year with double-digit revenue growth and a 20% Adjusted EBITDA margin in Q4. Despite a decline in marketplace revenue and active buyers, the company saw significant gains in ser
Product NewsFiverr Unveils Fiverr Go, a Visionary AI Platform that Puts Creators Front and Center
Fiverr has launched Fiverr Go , a revolutionary AI platform designed to help freelancers scale their businesses while maintaining full creative rights . Unlike traditional AI tools that exploit human creativity, Fiverr Go introduces a susta
Company NewsUpwork Reports Fourth Quarter and Full Year 2024 Financial Results
Upwork reported record-breaking financial results for Q4 2024 and the full year 2024 , achieving all-time highs in revenue ($769.3M, up 12%) , GAAP net income ($215.6M, up 360%) , and adjusted EBITDA ($167.6M, up 129%) . The company also sa
Company NewsPaycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results
aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year , with a GAAP net income of $502 million (27% of total revenues). Adj
Company NewsRecruit Holdings Reports Q3 FY2024 Earnings: Revenue Rises 3.5% to JPY 896.9 Billion (USD 5.83 Billion), Driven by HR Technology Growth
Recruit Holdings , posted a 3.5% year-over-year revenue increase for Q3 FY2024, totaling JPY 896.9 billion (USD 5.83 billion). Operating income surged 28.2%, while adjusted EBITDA climbed 13.5%. The company highlighted stabilization in the
Company NewsInsperity Announces Fourth Quarter and Full Year 2024 Results
Insperity (NYSE: NSP), a leading HR solutions provider, reported its Q4 2024 and full-year 2024 financial results, with revenues reaching $6.6 billion for the year, a 1% increase year-over-year. Net income stood at $91 million , while adjus
Company NewsPaycor Reports 13% Revenue Growth in Q2 FY 2025, Announces $4.1B Acquisition by Paychex
Paycor HCM, Inc. (Nasdaq: PYCR) reported a 13% YoY revenue increase to $180.4 million in Q2 FY 2025, alongside improved operating margins. The company's adjusted operating income grew 36% to $31.8 million , while net loss significantly narr
Product NewsUneeQ 2.0: Redefining AI Digital Workforces with Emotionally Intelligent Avatars
UneeQ has launched UneeQ 2.0, a next-generation platform revolutionizing AI digital workforces with emotionally intelligent, personality-driven avatars. These digital humans offer sub-one-second response times, 4K ultra-HD rendering, and cu
Product NewsBetterUp Launches AI Coaching: Bridging Human Expertise and AI Innovation to Transform Organizational Impact at Scale
BetterUp has launched an AI-powered coaching platform that blends human expertise with AI innovation to scale personalized coaching across organizations. This offering integrates evidence-based methods, AI insights, and behavioral science t
Company NewsTennis Star Frances Tiafoe Signs as UKG Brand Ambassador
UKG , a global leader in HR, payroll, and workforce management solutions, has announced tennis star Frances Tiafoe as its latest brand ambassador. Known for his achievements on the ATP Tour and his dedication to diversity and philanthropy,
Company NewsDHI Group, Inc. Announces Strategic Reorganization Separating the Dice and ClearanceJobs Businesses to Better Capitalize on Unique Market Dynamics
DHI Group, Inc. has announced a strategic reorganization to split its operations into two distinct divisions: Dice and ClearanceJobs. This move aims to focus on the unique market demands of each brand, streamline operations, and improve pro
Company NewsPaychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions
Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi
Company NewsUKG Hires Sarah Hodges as Chief Marketing Officer
UKG , a leader in HR, payroll, and workforce management solutions, has appointed Sarah Hodges as Chief Marketing Officer (CMO), effective January 6, 2025. With over 20 years of marketing expertise from Autodesk and Procore Technologies, Hod
Venture CapitalAI-Powered Recruitment Platform Pin Launches Out of Stealth With $3 Million to Cut Hiring Time by 70%
Pin , an innovative AI-powered recruitment platform, emerges from stealth mode with a $3 million seed funding led by Expa Ventures. By automating the most time-consuming hiring tasks, Pin reduces time-to-hire by 70%, offering businesses a f
Product NewsWorkday Unveils New Illuminate Capabilities for Peakon Employee Voice to Unlock Deeper and Faster Employee Insights with AI
Workday has introduced groundbreaking AI-driven enhancements to its Peakon Employee Voice platform, enabling managers to better understand and support employees through real-time insights and actionable recommendations. These innovations, s
Product NewsTalroo Launches Apply Intelligence™: Redefining AI-Powered Recruitment
Talroo has unveiled Apply Intelligence™, a groundbreaking suite of free AI-based features aimed at transforming the hiring process for employers and enhancing the job search journey for candidates. Leveraging advanced AI tools like SmartMat
ColumnWorkday FY2025 Q3: $2.16 Billion Revenue Marks 15.8% Growth, Fueled by Subscription Success and AI Innovation
Workday has reported strong Q3 FY2025 results, with total revenues of $2.16 billion (+15.8% YoY) and subscription revenues of $1.959 billion (+15.8% YoY). Operating income rose to $165 million, and non-GAAP diluted EPS reached $1.89, showca
Venture CapitalGermany’s zvoove Acquires Netherlands-Based Online Results, Driving Global Innovation in Recruitment Marketing
Germany-based zvoove has acquired Netherlands-based recruitment marketing firm Online Results , integrating their innovative Falcon SaaS platform into zvoove's ecosystem. This move strengthens zvoove's end-to-end solutions for temporary sta
Product NewsAlight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft Teams
Alight , Inc., a leader in human capital and technology-enabled services, has partnered with Avanade to integrate its Alight Worklife® platform with Microsoft Teams. This collaboration aims to simplify benefits access and enhance employee w
Venture Capital11x Raises a $50 Million Series B Led by Andreessen Horowitz to Accelerate the Era of Digital Workers
11x , a pioneering AI company specializing in autonomous digital workers for revenue teams, recently secured $50 million in Series B funding led by Andreessen Horowitz. This investment supports 11x’s mission to redefine sales and Go-to-Mark
EarningsRecruit Holdings Achieves $11.99 Billion Revenue in Q2 FY2024 with 5.4% Growth, Notable Increases in Operating Income and EPS
Recruit Holdings Co., Ltd. reported solid Q2 FY2024 financial results, with revenue reaching ¥1.7987 trillion, a 5.4% year-over-year increase. Adjusted EBITDA grew by 11.9% to ¥367.2 billion, while operating income rose 13.4% to ¥269.7 bill
Venture CapitalEQT Acquires Leading SaaS Talent Solutions Provider PageUp to Accelerate Global Expansion and Product Innovation
EQT, a global investment organization, has acquired PageUp, an Australian SaaS leader in talent acquisition and management, from Battery Ventures. This move aims to leverage EQT's expertise to accelerate PageUp's international expansion and
EarningsInsperity Announces Third Quarter Results
Insperity, Inc. reported its third-quarter 2024 results, showcasing a slight decrease in worksite employees (WSEEs) by 2% year-over-year, with a total of 309,088 WSEEs. Despite this, Q3 net income stood at $3 million with a diluted EPS of $
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