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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300An Overwhelming Majority Of 81% Organizations Are Experiencing A Shortage In Skilled Tech Workers EY And IMocha Report
EY , the leading professional services organization and iMocha , the world’s leading skills intelligence and skills assessment platform, released a report titled ‘Tech skills transformation – Navigating the future of work in 2025 and beyon
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 NewsRiverbed Leads in Workplace Employee Experience Management Platforms
Riverbed , the leader in unified observability, today announced that it was named a Leader in Everest Group’s report: Workplace Employee Experience Management Platforms PEAK Matrix® Assessment 2023. Everest Group assessed 10 Digital Employe
Company NewsGlobal People Analytics Leader Visier Introduces New Products to Address Workforce Challenges
Visier , the globally recognized leader in people analytics and workforce solutions for people-powered business, today announced new products designed to offer fast, radically simple, and cost-effective solutions to today’s most pressing wo
Venture CapitalAirspeed Raises $7.5M in Funding to Expand Operations and its Business Reach
Airspeed , a San Francisco, CA-based platform focused on connecting and celebrating employees, raised $7.5m in funding. The funding included: $5M Series Seed round of funding led by Greylock Partners and Venrock, with participation from Sal
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 NewsIgniteTech Announces Addition of Jive Software to Company's Leading Solutions
AUSTIN, Texas -- IgniteTech™ , the company "Where Software Goes to Thrive™," today announced that Jive Software is now part of its set of leading software solutions for enterprise customers. Because of Jive's global reach and record of succ
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 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
NewsReejig Launches World’s First AI-driven Work Ontology™
Today at the UNLEASH America conference, Reejig , the global leader in workforce intelligence, announced its new Work Ontology™, which unbundles traditional job architectures to atomized components such as skills required, tasks and task ad
Venture CapitalNew Jersey-based True Acquires First and Leading Diversity & Inclusion Tech Company Jopwell
Jopwell Joins True Platform Companies AboveBoard and True Search in Mission to Address Diversity at Every Stage of the Recruitment Lifecycle NEW YORK, N.Y. - April 27, 2023 - True , the premiere global platform of innovative talent manageme
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
Venture CapitalPaycor to Acquire Behavioral Science-Based, Microlearning Solution, Verb
Acquisition will support Paycor’s mission of empowering leaders by inspiring positive and sustainable behavior change programs through personalized development pathways CINCINNATI, OH — April 25, 2023 — Paycor HCM, Inc. (“Paycor”) (Nasdaq
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 CapitalBerlin-based RYDES raises €3.5 million in Seed Funding to expand with its corporate mobility platform across Europe and the US
April 24, 2023/--Berlin-based corporate mobility budget platform RYDES has just announced a €3.5 million seed round led by Assembly Ventures and Rethink Ventures , and with participation from Futury Capital and business angel Jens Krüger,
Company NewsQualtrics Announces First Quarter 2023 Financial Results, Total Revenue Up 22% Year Over Year to $409.8M
• Q1 2023 total revenue of $409.8M, up 22% year over year • Q1 2023 subscription revenue of$339.8M, up 21% year over year • Total remaining performance obligations of $2,135.1M, up 21% year over year • Next 12 months remaining performance o
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
Venture CapitalUK-based Loopin Raises £1.6M in Seed Funding
Loopin , a Bristol, UK-based provider of a platform that helps businesses measure and improve employee morale, raised £1.6M in Seed funding. Backers included undisclosed individuals and angel investors. The company intends to use the funds
Venture CapitalA Provider of On-demand Salary Payment Solution Spayr Raises €2.5M in Seed Funding
Spayr , a La Trinité-sur-Mer, France-based on-demand salary payment solution provider, raised €2.5M in Seed funding. The round was led by Blast.Club with participation from FBA (Femmes Business Angels) and other fintech angel investors. The
Venture CapitalHubSpot Invests in Switchboard to Support More Connected Collaboration for Hybrid Teams
While some companies are pushing a return to the office for employees, remote and hybrid work is here to stay. According to Zippia’s research on the U.S. workforce, over 36 million Americans will work remotely by 2025. In Buffer’s global
Company NewsScreenCloud And Google Deepen Collaboration, Further Elevating The Workplace Experience For Hundreds Of Thousands Of Frontline Employees
ScreenCloud announced its cloud-based, all-in-one digital signage platform has been recognized by Google as a Chrome Enterprise Recommended solution in the kiosk and digital signage category. This recognition from Google is a testament to
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 CapitalNEW JERSEY-BASED ASTRIX ACQUIRES IRELAND-BASED ORBIS LIFESCIENCE CONSULTING
Astrix , a Red Bank, New Jersey-based provider of staffing and technical consulting services focused on the life science sector, acquired Orbis Lifesciences Consulting, a consulting and support services provider based in Ireland. Orbis Life
Product NewsClearCompany Invests in Global Talent Marketplace Growmotely
ClearCompany , the talent management platform that empowers HR to maximize talent throughout the employee lifecycle, today announced a strategic investment in Growmotely , the only global marketplace for professional talent seeking longer-
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
Venture CapitalLondon-based Spotted Zebra Raises $1.8M in Seed Funding
Spotted Zebra , a London, UK-based workforce management startup, raised $1.8M in Seed funding. The round was led by Playfair Capital, with participation from Entrepreneur First. The company intends to use the funds to expand operations and
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