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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300San 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
TopicsAn 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
NewsAsure to Showcase Payroll Tax Management Solutions at Payroll Congress and TPG National Conference
Asure (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, is pleased to announce its participation in two upcoming industry events this month: the American Payroll Association’s (APA) Payroll
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
Venture CapitalA SaaS-based Connected Worker Platform Innovapptive Raises an Undisclosed Amount in Series B Funding
Innovapptive , a Houston, TX-based provider of a SaaS-based connected worker platform, raised an undisclosed amount in Series B funding. The round was led by Vista Equity Partners , with participation from existing investor Tiger Global Man
Venture CapitalFrancisco-based Switchboard Receives Investment From HubSpot
Switchboard , a San Francisco, CA-based digital collaboration workspace that helps hybrid and remote teams communicate and work side by side, received an investment from HubSpot Ventures, the venture arm of HubSpot (NYSE: HUBS). The amount
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 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
Venture CapitalA Technical Hiring Platform London-based hackajob Raises $25M in Series B Funding
hackajob , a London, UK-based provider of a technical hiring platform, raised $25M in Series B funding. The round was led by Volition Capital , with participation from existing investors AXA Venture Partners and Foresight. The company inten
AcquisitionVeriforce Transforms Its Global Workforce Management Capabilities with the Acquisition of Global Worker Pass
HOUSTON TX – May 3, 2023/-- Veriforce , the industry’s fastest-growing provider of supply chain risk and compliance management solutions, has announced the acquisition of Global Worker Pass , an innovative software solution designed to stre
Company NewsRecruitics Launches Fusion, the New Quality Applicant Delivery Platform
Recruitics , the leader in programmatic advertising and analytics for recruitment, has unveiled Fusion, an end-to-end talent conversion, engagement, and screening platform. Fusion seamlessly integrates a conversion-optimized candidate exper
Company NewsTeleverde Foundation Announces Grand Opening Of Second Workforce Development Center Within The Arizona Department Of Corrections Perryville
Televerde Foundation , a non-profit organization that provides personal and professional development opportunities to currently and formerly incarcerated women so they can attain meaningful and rewarding careers upon release, officially ann
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 CapitalGigs Secures $2.7 Million in Pre-Seed Funding to Connect Companies to Job Seekers Looking for Hourly Roles in Their Neighborhood.
LOS ANGELES – May 1, 2023 – Gigs , the job platform that connects companies to job seekers looking for hourly jobs in their neighborhood, announced today the company’s official launch of its employer portal to help retailers, food and bev
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
Venture CapitalCV Wallet, the Skills-based Hiring Platform that Harnesses the Latest Web3 and AI Technologies, Raises $1.1 million in Angel investment
The start-up secured the funding in just two weeks, with the oversubscribed round closed early, following overwhelming interest. This is despite a tech funding crisis, which may last into 2024 according to experts. The round has been suppor
Venture CapitalFuturePlus secures £750K funding to assist businesses in reporting on sustainability and ESG
April 28, 2023/--As demand for sustainability and ESG reporting continues to grow, London-based sustainability management and ESG reporting platform, FuturePlus , has announced the successful completion of an up-round of funding worth £750,
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
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
Company NewsADP Reports First Quarter Fiscal 2023 Results
ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its first quarter fiscal 2023 financial results along with its revised fiscal 2023 outlook through an earnings releas
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