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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Jackson Healthcare Acquires LRS Healthcare, The 25th-Largest Healthcare Staffing Firm
May 9, 2023/-- Jackson Healthcare ® , a family of highly specialized healthcare staffing, search and technology companies, and LRS Healthcare ® , a leading provider of medical staffing, today announced that the companies have signed a defi
Venture CapitalHireVue Acquires Modern Hire to Transform the Global Talent Experience
SALT LAKE CITY, UTAH May 9, 2023 — HireVue , the global leader in video interviewing, assessments, and text-enabled recruiting solutions, today announced it has acquired Modern Hire, the intelligent hiring platform. The acquisition of M
Company NewsUKG And Google Cloud Announce Partnership To Transform Employee Experiences With Generative AI
Google Cloud and UKG , a leading provider of HR, payroll, and workforce management solutions for all people, today announced an expanded partnership to bring Google Cloud’s generative AI (GenAI) capabilities into the widely adopted UKG hum
Venture CapitalSan Francisco-based Riviera Partners Acquires Build Talent to Further Support its Early-stage Venture Capital-backed Clients
San Francisco, CA, May 08, 2023 -- Riviera Partners , the leading global executive search firm specializing in senior leadership placements in engineering, product, and design, has announced the acquisition of Build Talent to further suppor
Product NewsLinkedIn Adjusts China Strategy: Cuts Jobs and Phases Out InCareer App Amid Competition
LinkedIn, the Microsoft-owned professional networking platform, has announced that it will be cutting 716 jobs and phasing out its local jobs app, InCareer, in China. The decision comes in the wake of "fierce competition and a challenging m
Venture CapitalInstruqt, a Provider of a Product Growth Platform, Raises €15M in Series A Funding
Instruqt , a Hilversum, Netherlands-based provider of a product growth platform, raised €15M in Series A funding. The round was led by Blossom Capital. The company intends to use the funds to expand operations and its business reach. Led by
Company NewsPaylocity Announces Third Quarter Fiscal Year 2023 Financial Results
Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial results for the third quarter of fiscal year 2023, which ended March 31, 2023. "Our overall moment
Company NewsRandstad Reports First Quarter 2023 Results, Organic Revenue Per Working Day Declined by 4.2% YoY
Randstad , the world’s largest talent company and a partner of choice to clients, today announced its financial results for the first quarter on May 3, 2023. Financial performance Revenue Organic revenue per working day declined by 4.2% YoY
Company NewsCeridian Reports First Quarter 2023 Results, Total Revenue Up 26.4% to $370.6 Million
Dayforce recurring revenue up 43.8% year-over-year, or 46.0% on a constant currency basis Total revenue of $370.6 million, up 26.4% year-over-year, or 29.3% on a constant currency basis Operating profit of $38.4 million and adjusted operati
Company NewsPaycom Software, Inc. Reports First Quarter 2023 Results
First Quarter Revenues of $452 million, up 28% from the comparable prior year period First Quarter GAAP Net Income of $119 million, representing 26% of total revenues, or $2.06 per diluted share First Quarter Non-GAAP Net Income of $143 mil
Venture CapitalEntendre Finance has Raised $4M In Seed Financing to Launche Fully Automated E2E Accounting Solution for Web3
Entendre Finance has raised $4M in seed financing to launch the first fully automated end-to-end accounting and bookkeeping solution for businesses operating in Web3. Led by Basis Set and with participation from Valhalla , Caffeinated,
Venture CapitalAI-powered Simpplr Secures $70M in New Funding to Deliver Personalized Employee Experiences that Generate Real Business Impact
Redwood City, CA – May 2, 2023: Simpplr , the leading AI-powered employee experience platform, today announced it has secured $70M Series D funding. The investment was led by Sapphire Ventures with participation from existing investor Norw
Product NewsTriNet Announces First Quarter 2023 Results, 2% Growth in Total Revenues to $1.2 Billion
6% Growth in Professional Service Revenues to $205 million 2% Growth in Total Revenues to $1.2 billion Net Income per Diluted Share of $2.17 and Adjusted Net Income per Diluted Share of $2.49 TriNet Group, Inc. (NYSE: TNET), a leading pro
ColumnLINKEDIN REVENUE UP 10% IN FISCAL Q3 AS MICROSOFT CEO REPORTS RECORD ENGAGEMENT
LinkedIn revenue rose 10% in constant currency to more than $3.70 billion; the increase was 8% on a reported basis. Microsoft Corp., which owns LinkedIn, reported earnings on Tuesday for its fiscal third quarter ended March 31. “We once aga
Venture CapitalBelgian Startup Whale Raises 2.5 Million Euros To Boost Knowledge Sharing And Employee Training For Companies Worldwide
Belgian SaaS tech company Whale announced a 2.5 million Euros raise from existing investors Volta Ventures and Peak to allow companies to turn their process and SOP documentation into a channel for employee training and growth. The fundin
Venture CapitalDearEmployee Secures Fresh Capital in Pre-Series A to Further Expand and Strengthen Market Position
DearEmployee , the innovation leader in HR tech, announces the closing of a pre-Series A round. In particular, the fresh capital from new and existing investors will be used to further expand the functionality of the software solution along
Venture CapitalAlku, an Andover. Mass.-based specialty staffing firm, Receives Majority Investment from New Mountain Capital
Alku , an Andover. Mass.-based specialty staffing firm, received a new majority investment of an undisclosed amount. New Mountain Capital made the investment alongside FFL Partners, WestView Capital Partners, ALKU Founder & CEO, Mark Eldrid
Venture CapitalSonet.io Raises $6M Seed Funding to Fix Remote Work Challenges for Global, Distributed Workforces
April 24，2023/-- Sonet.io , built for IT leaders that want a great experience for their remote workers while enhancing security and observability, today emerged from stealth and announced it’s raised $6 million in seed capital, co-led by T
Venture CapitalArthur Ventures Raises $470M For Two Funds
Ventures , a Minneapolis, MN-based venture capital firm, raised $470M to continue investing in B2B software companies across North America at the Early Growth stage. This capital raise consists of two new investment funds: Arthur Ventures V
Venture CapitalHitachi Launches 3rd Corporate Venture Capital Fund for Innovation in Digital Field
Hitachi, Ltd . announced the establishment of a third fund for Hitachi Ventures (HV) , the global corporate venture capital arm of Hitachi, for the purpose of accelerating innovation and initiating new business opportunities in the digita
Venture CapitalInteract Software Acquires Sideways 6 to Increase Employee Engagement Intranet Tools for Customers
MANCHESTER, U.K. and LONDON-- Interact Software (Interact), a leading intranet solution provider for enterprise businesses across North America and EMEA, today announced the acquisition of Sideways 6 , an integrated crowdsourcing and idea
Product NewsManpowerGroup Reports 1st Quarter 2023 Result
Revenues of $4.8 billion (-8% as reported, -2% constant currency (CC)) Gross profit margin of 18.2%, up 80 basis points year over year reflecting continued strong pricing discipline and increased outplacement activity in Right Management Ma
Company NewsCirca Announces LaborIQ Compensation Solution
Circa is pleased to announce the launch of LaborIQ, a compensation software solution providing human resource (HR) teams with salary answers for all occupations in the U.S. The new partnership with Dallas -based, LaborIQ, will support HR
Venture CapitalTalent Screening Provider Fama Acquires California-based Social Intelligence to Deliver Most Comprehensive Online Screening Solution for Helping Employers Hire Quality Candidates
APRIL 18, 2023/--Today, Fama , the innovator in online screening that makes hiring great people easy, is announcing the strategic acquisition of Social Intelligence to help companies mitigate workplace misconduct and grow their teams wit
Venture CapitalZoom to acquire Workvivo to bolster employee experience offering: Putting people at the heart of hybrid work
The employee communication and engagement platform will give Zoom new ways to keep employees informed, engaged, and connected Friday, April 14, 2023 – Behind work are workers. Real everyday people. People who work to live, not live to work
Venture CapitalLMS365 Raises $20 Million to Enhance Employee Training through Microsoft Integration
LMS365 , a Danish online learning management system (LMS) designed for seamless integration with Microsoft products, has secured $20 million in its first institutional funding round. The platform, which is utilized by companies such as logi
Company NewsMitratech Acquires Circa and Trakstar, Unifying Top Technology Platforms Through Continued Investment in HR Compliance & Talent Strategy
April 11, 2023/-- Mitratech , a leading global provider of legal, compliance, and HR software, today announces the expansion of its Human Resources portfolio of solutions through the acquisition of two technology companies: Circa , a market
Company NewsThe Liberty Group Acquires the Staffing Division of Full House Marketing Michigan
April 11, 2023/-- The Liberty Group (" Liberty " or "the Company"), a leading provider of specialty temporary staffing, executive search, and employee screening services to the multifamily residential real estate industry, announced today t
Venture Capitalbenefitbay™ Raises $2.5 Million in Seed Plus Round, Led by Right Side Capital and Comeback Capital
April 7, 2023/-- benefitbay™ , an end-to-end ICHRA administration platform for brokers and their clients, has announced that it has raised $2.5 million at a $12.5 million valuation for their seed plus round. This funding will be used to unl
Venture CapitalCHICAGE-BASED PROMAN ACQUIRES PENNSYLAVNIA-BASED STAFFING FIRM PEOPLESHARE
Staffing Powerhouse Expands Reach to Mid-Atlantic with Fourth Acquisition NORTHBROOK, ILLINOIS (APRIL 6, 2023) — PROMAN , a leading staffing firm for the light industrial and construction industries based in the Chicago suburb of Northbrook
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