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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
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
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 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
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
Company NewsAccenture Appoints Karalee Close as Global Talent & Organization Lead to Help Power Clients’ Reinvention with Technology and Talent
Accenture announces the appointment of Karalee Close as the leader of its Talent & Organization practice and a member of its Global Management Committee. Close brings extensive experience in transformative leadership, combining technology w
Venture CapitalITA Group acquires Cooleaf to form industry-leading employee engagement solution
ITA Group, a leader in employee engagement solutions based in West Des Moines, Iowa, has announced the acquisition of Cooleaf, an innovative recognition and rewards SaaS platform, on April 2, 2024. This strategic move enhances ITA Group's o
Company NewsZoom Workplace Launches: Redefining Teamwork with AI-Powered Solutions
Zoom introduces Zoom Workplace , a revolutionary platform integrating AI tools with its established communication technology, catering to the modern hybrid workforce's needs. This platform combines video meetings, team chats, and phone syst
Company NewsAlight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move
Company NewsCielo Debuts First Generative AI for Talent Acquisition: CLO.ai
Cielo , a global leader in Talent Acquisition, has introduced the first Generative AI for talent acquisition, CLO.ai. This tool is built on responsible AI principles, enhancing hiring by providing fast, better outcomes while maintaining can
Product NewsBullhorn Copilot Launches With AI Tools Tailored to the Staffing Industry
Bullhorn , a global leader in staffing and recruitment software, announced the launch of Bullhorn Copilot, a comprehensive AI solution designed to enhance recruitment processes. Copilot integrates generative, source and match, and directive
Company NewsCreating the Future: Conversational AI Innovator Paradox Promotes Industry Leader Adam Godson to CEO
Paradox , a leader in HR and recruiting through Conversational AI technology, has promoted Adam Godson to CEO, with founder Aaron Matos transitioning to Executive Chairman. The company, known for its significant growth and innovative produc
Venture CapitalFijoya Raises 8.3M Seed Funding to Pioneer AI-Powered Platform for Employer-Sponsored Healthcare
Fijoya, an innovator in employer-sponsored healthcare, announced an $8.3M seed funding round led by Team8. This funding aims to expand Fijoya's platform, integrating AI to personalize health benefits, thereby simplifying employer and employ
ColumnWorkday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results
Workday, Inc. announced its fiscal 2024 fourth quarter and full-year results, revealing significant growth. The company reported a 17% year-over-year increase in total revenues for the fourth quarter, reaching $1.9 billion, with subscript
Company NewsDocebo Reports Fourth Quarter and Fiscal Year 2023 Results
Docebo Inc., a leader in AI-driven learning platforms, announced its Q4 and fiscal year 2023 financial results, showcasing significant growth. With a 28% increase in subscription revenue to $46.5 million and a total revenue rise of 27% to $
Company NewsPerceptyx Releases New AI-Powered Insights to Transform the Employee Experience
Perceptyx has unveiled a revolutionary upgrade to its People Insights Platform, integrating advanced AI and analytics to elevate the employee experience (EX). This update introduces an AI Insights Engine, leveraging machine learning to prov
Company NewsADP's Fiscal 2024 Q2 Report: A Financial Deep Dive into $4.7 Billion Revenue and Earnings Surge
ADP , a global leader in human capital management solutions, reported a 6% revenue increase in the second quarter of fiscal 2024, reaching $4.7 billion. The growth, consistent in organic constant currency, reflects the company's robust fina
Product NewsCeridian to change ticker symbol to ‘DAY’ on NYSE and TSX effective February 1
Toronto, ON and Minneapolis, MN, January 22, 2024 Ceridian HCM Holding Inc. (NYSE: CDAY; TSX: CDAY) (the “Company”), a global leader in human capital management (HCM) technology, today announced its ticker symbol will change to DAY on the N
Product NewsCeridian to Acquire eloomi, a Market-Leading Learning and Development Platform
Ceridian, a renowned human capital management tech company, is set to acquire eloomi, a leader in learning experience platform software. This strategic move, expected to finalize in Q1 2024, aims to bolster Ceridian's Dayforce platform. It
Company NewsJeremy Friedman Appointed as HireVue CEO to Lead Next Phase of Growth
HireVue , a global pioneer in Human Potential Intelligence, embarks on a new chapter with the appointment of Jeremy Friedman as CEO. Friedman, with a rich background in educational technology, notably as co-founder and CEO of Schoology, bri
Product NewsIndeed Introduces Specialist Media Networks, Helping Employers Reach More Skilled Professionals Across Industry-Specific Sites to Hire for Hard-to-Fill Roles
Indeed introduces Specialist Media Networks to streamline the hiring process for difficult-to-fill roles in specific industries. This innovative approach involves distributing job advertisements across industry-specific websites, targeting
ColumnUKG Helps Two-Thirds of NRF Top 100 Retailers Create Great Workplaces
AI-powered HCM suite built with the world’s largest collection of people, work, and culture data transforms the employee experience. LOWELL, Mass. & WESTON, Fla. UKG , a leading provider of HR, payroll, workforce management, and culture sol
Company NewsGlobal Compliance Technology Leader, Mitratech, Elevates Market Position with Dual Acquisitions of Syntrio and Mineral
Mitratech, a leader in global compliance technology, has expanded its suite by acquiring Syntrio and Mineral, enhancing its offerings with ethics hotlines, predictive HR services, and over 1,000 eLearning courses. This move creates a compre
Product NewsBullhorn Acquires Mployee to Help Recruitment Agencies Accelerate Their Digital Transformation Journey
Bullhorn , a global leader in software for the staffing and recruitment industry, has acquired Mployee, a Netherlands-based company specializing in Salesforce-based solutions for recruitment agencies. This strategic move aims to accelerate
Venture CapitalIntelliBoard Secures New Funding to Accelerate Growth and Help Organizations Improve Learning Outcomes
IntelliBoard, a prominent provider of learning analytics, has successfully secured new funding led by Advantage Capital and Connecticut Innovations. This strategic investment aims to propel IntelliBoard's growth and enhance learning outcome
Company NewsJim McCoy Takes the Reins at Atlas HXM to Bolster Global Business Alliances
Atlas Appoints Jim McCoy as New Chief Executive Officer to Enhance Global Enterprise Partnerships. Atlas HXM has appointed Jim McCoy, a seasoned leader from ManpowerGroup, as their new CEO. McCoy is recognized for his expertise in global wo
Product NewsYellow.ai Announces Listing of its Generative AI-powered Voicebots and Chatbots on Zendesk Marketplace
The listing will enable enterprises to deliver human-like experiences through Yellow.ai's Dynamic Automation Platform (DAP), leading to 60 percent reduction in operational costs. SAN MATEO, Calif. , Dec. 12, 2023 Yellow.ai , a global lea
Product NewsADP and Convera Announce Strategic Collaboration Offering End-to-End Payroll and Payments Solutions
ADP, a global leader in human capital management solutions, and Convera, a prominent B2B payments Fintech, announced a strategic collaboration on November 14, 2023. This partnership aims to provide ADP clients with a comprehensive end-to-en
Venture CapitalEmpowering the Workforce: Nowsta's $35M Series C to Transform Contingent Hiring
Nowsta, a leading technology firm shaping the gig workforce's operating systems, has announced a substantial $35 million in Series C funding. This financial boost is in stride with the unveiling of Nowsta Staffing Labs, a groundbreaking ini
Product NewsRadancy Acquires Brazen, Adding Award-Winning Hiring Event Capabilities to the End-to-End Radancy Talent Acquisition Cloud
Radancy, a global leader in talent acquisition software, has acquired Brazen to enhance its Talent Acquisition Cloud with award-winning hiring event technology. This acquisition aims to provide a seamless candidate experience across all rec
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