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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300HR Path Acquires GroupeX, leading HCM provider in North America
HR Path Group announced its acquisition of Toronto-based GroupeX Solutions, a key move to strengthen its presence in North America and enhance its HRIS consulting capabilities. GroupeX, known for its partnerships with major software vendors
Company NewsUKG Names New President, GTM: Meet Rachel Barger
UKG , a leading provider of comprehensive HR solutions, today announced the appointment of Rachel Barger, the current SVP of the Americas at Cisco Systems, as its new President of Go-To-Market (GTM). Starting May 13, 2024, Barger will overs
EarningsManpowerGroup Reports 1st Quarter 2024 Results
Revenues of $4.4 billion (-7% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in Latin America and Asia-Pacific region Gross profit margin of
Venture CapitalRIVET raises $6 Million to expand Workforce Management to more contractors
Rivet.Work a leading Workforce Management platform for electrical construction, has successfully secured $6 million in funding, led by Brick & Mortar Ventures, with participation from other investors including defy.vc. This new capital br
Company NewsUpwork Premieres New Partner Program to Expand Ecosystem of Companies Transforming How We Work
U pwork (NASDAQ: UPWK) has unveiled the Upwork Partners program, a new initiative designed to enhance business collaborations and increase productivity through the integration of skilled independent professionals. The program includes thre
Company NewsLinkUp Launches Compass, a Visual Multitool for Job Market Insight
LinkUp has launched Compass, a digital toolset that offers real-time analysis of labor demand using their extensive dataset of job openings, dating back to 2007 and updated daily. This platform provides users with interactive, presentation-
Company NewsBrightmine empowers HR leaders with critical data, analytics and insight
Brightmine , formerly known as XpertHR, has rebranded to enhance its support for HR leaders through trusted data, AI technology, and expert insights. The company is responding to significant workforce changes with a product suite that inclu
Venture CapitalTake2 AI Raises $3M Seed Round Led by Reach Capital & SemperVirens to Transform Sales Recruiting Using AI-Powered Job Simulations
Take2 AI, a New York-based company specializing in AI-powered job simulations for sales recruiting, has secured $3 million in seed funding from Reach Capital and SemperVirens, with contributions from other notable investors. The platform ai
Product NewsAtomicwork Launches New Digital Workplace Experience Solution Powered by Cohere's Enterprise AI Platform
Atomicwork , in collaboration with Cohere, has launched a new AI-powered digital workplace experience solution aimed at boosting workplace productivity and IT support automation. The solution, powered by Cohere's advanced Command R+ large l
Product NewsWorkhuman Revolutionizes Workplace Insights, Launches Industry-First AI Assistant Powered by Unique Employee Recognition Data
Workhuman® has introduced a revolutionary feature to its Workhuman iQ platform – a generative AI assistant. This tool leverages AI to provide HR and business leaders with dynamic, real-time organizational insights derived from unique, propr
Company NewshireEZ and IQTalent Partner to Include On-Demand Recruiting Staff With Sourcing and CRM Platform
hireEZ, a CRM platform tailored for recruiters, has formed a strategic partnership with IQTalent, a leader in full-cycle talent acquisition. This collaboration brings together hireEZ's technological solutions and IQTalent's recruitment expe
Product NewsVisier Ships "Vee," an Industry First Generative AI Digital Assistant for People Insights
Visier has officially launched its generative AI assistant, Vee, which is now available to all customers. Powered by Microsoft Azure OpenAI Service, Vee integrates with Microsoft Teams, allowing users to obtain reliable and accurate workfor
Product NewsGreenhouse Announces Spring 2024 Packaged Product Release
Greenhouse, a prominent hiring platform, has unveiled its Spring 2024 product release, introducing several enhancements designed to boost hiring efficiency and decrease the time required to fill positions. Notable features include Texting,
NewseQ8 Announces a Game-changing, New Strategic Workforce Planning Tool for HR, Business Leaders, and more
eQ8 , a leading provider of strategic workforce planning (SWP) solutions, has announced the release of "eQ8 Essentials," a tool designed to make SWP accessible by reducing traditional barriers. This new solution offers a user-friendly app e
Company NewsMeBeBot Drives Digital Employee Experience Excellence in Q1 2024
Expands Compliance AI Platform, Strengthens Leadership, and Earns G2 Recognition AUSTIN, Texas , April 16, 2024 -- MeBeBot ™, the leading provider of AI-powered employee experience (EX) solutions, today announced significant milestones a
Venture CapitalBarcelona-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 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 CapitalVangst Acquires CannabizTemp, CannabizTeam's Temp Staffing Division
Vangst , a prominent hiring platform for the cannabis industry based in Denver, has made a significant acquisition of CannabizTemp, the temporary staffing division of CannabizTeam. This marks the first acquisition in the cannabis HR sector.
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
Company NewsFrom LMS365 to Zensai: Rebranding the Future of Work and Talent Development
Zensai , formerly known as LMS365, announces its rebranding and the launch of the Human Success Platform, a comprehensive AI-powered suite aimed at enhancing talent development. This strategic move, symbolizing growth and enlightenment in t
Product NewsWisq Launches First Personalized AI Guide for Managers
Wisq introduces an AI-powered coaching guide designed to transform managers into inspirational leaders. By providing personalized, real-time guidance and expert advice, this platform addresses the coaching gap for middle managers. Availabl
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
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
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