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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ServiceNow to Acquire Hitch Works to Help Customers Address Talent Gaps
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW) today announced it has signed an agreement to acquire Hitch Works, a skills mapping and intelligence company. Hitch will add a new layer of AI-powered skills insights to the indus
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 CapitalRealWear Raises $23.5M to Turn Successful Industrial Wearable into High Growth Assisted Intelligence Platform Business
New funding will allow RealWear to build a fully integrated software, hardware and cloud subscription platform to further empower frontline workers Santa Clara, CA – June 1, 2022 – At Augmented World Expo (AWE), RealWear, the world’s leadin
Venture CapitalHourly.io Announces $27M Series A
We have some very exciting news to share—we raised $27 million! It’s such an incredible accomplishment for all our team members who worked hard to get us here, and we’re grateful to our new and existing investors who believe in our vision t
OpinionWhat Will The Future of HR Look Like in 2030?
If the turn of 2020 didn’t teach business and HR professionals anything but one thing, it is that the world of work is vastly changing. The good news is that as reported by Sage, 72% of HR say they now have more influence in human capital m
Venture Capital$43M Series B brings Zip’s valuation to $1.2B
Before we founded Zip, we experienced firsthand the frustrations of the traditional procurement process and the friction it creates for businesses that are trying to innovate quickly— especially in a world where purchasing is becoming more
Product NewsHuman Capital Management (HCM) Solutions Market to observe USD 12.16 Bn growth | 34% growth to originate from North America
NEW YORK , May 25, 2022 /PRNewswire/ -- The global human capital management solutions market size is expected to increase by USD 12.16 billion between 2020 and 2025. The market observed a YOY growth of 9.52% in 2021 and the growth mom

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
Company NewsVisier Announces Strategic Alliance with Deloitte to Help Companies Improve People Decisions and Deliver Transformational Business Outcomes
Visier Announces Strategic Alliance with Deloitte to Help Companies Improve People Decisions and Deliver Transformational Business Outcomes Strategic relationship brings together the power of Deloitte's Human Capital Analytics & Insights So

Upflex Announces $30M Series A From Top Strategic & Venture Funds
NEW YORK--( BUSINESS WIRE )-- Upflex —the premier global provider of hybrid workspace solutions—announced the closing of its $30 million Series A round. The raise was led by WeWork with participation from notable strategic investors Newm
Product NewsU.S. Independent Professionals Earned an Estimated $247 Billion in 2021 and Have Never Been More Satisfied with Their Work, According to Fiverr’s Fifth Annual Freelance Economic Impact Report
Nearly 70% of freelancers have realized it is more important to be fulfilled in their work than just hold a job Fiverr International Ltd. (NYSE: FVRR), the company that is revolutionizing how the world works together, today released its fif
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

Microsoft Releases Viva Goals: Performance Management Is Sexy Again
One of the most frustrating, tired, and archaic HR practices is performance management. Most of us have had horror stories with our “performance appraisals,” leading HR leaders to try to reinvent performance management all the time.
Venture CapitalBCG:The $12 Billion Opportunity in HR Technology
A flood of new solutions is vying to help companies manage their workforce. In this crowded market, players can pursue three strategies to win share. Talent management is a large and growing challenge at many organizations, and talent manag
TopicsPeople Analytics Primer: Leadership Analytics
Source: https://blog.aiesec.org/is-leadership-a-skill-or-a-quality/ People Analytics Primer: Leadership Analytics Introduction Cole Napper Welcome to “ People Analytics Primers ”. In this series, I plan to dive deep into a technical and ta
Venture CapitalNudge Security Raises $7 million in Seed Funding Led by Ballistic Ventures to Secure the Modern Workforce
AUSTIN, Texas, April 5, 2022 -- Nudge Security announced $7 million in seed funding led by Ballistic Ventures, reuniting a team that has transformed the cybersecurity industry for over three decades. The investment marks the first to be ann
Venture CapitalWorkRamp Raises $40 Million for its All-in-One Learning Platform Built to Unlock the Growth Potential of Fast-Growing Businesses
SAN FRANCISCO -- WorkRamp , the All-in-One Learning Platform helping businesses and their employees unlock their true growth potential – has raised a $40 million Series C funding round co-led by Salesforce Ventures, Slack Fund and Susa
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
Venture CapitaliMocha Set to Scale New Heights with $14 Million Series A Funding Led by Eight Roads Ventures
AI-powered digital skills assessment platform, iMocha , today announced a $14 million Series A investment round led by Eight Roads Ventures, with participation from existing investors Upekkha and Better Capital. Aditya Systla from Eight
Venture CapitalAsia's leading HR technology platform Darwinbox raises $72 Million funding led by Technology Crossover Ventures (TCV) at $1B+ valuation
SINGAPORE and HYDERABAD, India ,-- Darwinbox , Asia's fastest growing HR tech platform, marks another milestone with a $72MN funding round led by Technology Crossover Ventures (TCV) along with participation from existing investors Sa
Venture CapitalOnit Acquires SecureDocs, Broadening Its Contract Lifecycle Management Portfolio and Market Reach
HOUSTON, January 11, 2022 – Onit, Inc. , a leading provider of enterprise workflow solutions including enterprise legal management and contract lifecycle management, today announced that it has acquired SecureDocs , a global software compa
Venture CapitalQuantive Raises $120 Million Series C to Enlarge its Market Scale
As the largest funding round in the OKRs software space, this funding comes less than 12 months after the company’s $30M Series B and will drive continued scale and product innovation, including predictive and prescriptive capabilities De
Venture CapitalHR Tech Startup Sense Valued at $500 Million in SoftBank Vision Fund 2-led Funding
Sense , an HR tech startup that helps some of the world’s largest staffing and recruitment agencies timely find and hire talent, has grown its valuation to $500 million in a new financing round. The San Francisco-headquartered startup has r
Venture CapitalPhenom Announces $100M Series D, Signaling Talent Experience’s Role in the Next Era of HR
Phenom announced a $100 million Series D investment round that the company will use to further develop its Talent Experience Management platform. The round was led B Capital Group with Dragoneer Investment Group, OMERS Growth Equity and Gol
Venture CapitalDocuPhase Acquired by Angle Point and Dan Gaertner Brought on as CEO
CLEARWATER – DocuPhase LLC , a Florida-based automation software company, announced it has been acquired by Angle Point Capital . Along with the acquisition, Angle Point appointed Dan Gaertner as the new CEO of DocuPhase. Robert Koven, a P
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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