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Venture Capital

Zoom Acquires BrightHire, Bringing AI-Powered Interview Intelligence to Zoom Workplace

Zoom has acquired BrightHire , adding AI-powered interview intelligence to Zoom Workplace. The deal brings interview planning, automated notes, real-time coaching, and analytics directly into Zoom, enhancing millions of hiring conversations

Nov 13, 2025
Company News

Upwork Reports Third Quarter 2025 Financial Results

Upwork posted record Q3 2025 results with revenue of $201.7M (+4% YoY), GAAP net income of $29.3M (+6% YoY), and an all-time-high adjusted EBITDA of $59.6M (30% margin). AI work on the marketplace accelerated—AI-related GSV rose 53% YoY whi

Nov 4, 2025
Company News

Upwork Reports Second Quarter 2025 Financial Results

Upwork reported strong Q2 2025 financial results, with record revenue of $194.9 million , GAAP net income of $32.7 million , and adjusted EBITDA of $57.1 million , marking a 17% profit margin and a record 29% EBITDA margin. The company rais

Aug 8, 2025
Company News

FranklinCovey Reports Q3 FY2025 Results: Revenue Meets Guidance, Adjusted EBITDA Beats at $7.3M

FranklinCovey reported Q3 FY2025 revenue of $67.1 million, aligning with guidance, but down year-over-year due to macroeconomic headwinds and contract losses. The company posted a net loss of $1.4 million, including $4.7 million in restruct

Jul 2, 2025
Company News

“The Spy in the Slack Channel”: Inside the Silicon Valley Espionage Scandal Between Rippling and Deel

In a plot that feels more like the screenplay of a corporate thriller than a courtroom reality, two of Silicon Valley’s most celebrated HR tech unicorns—Rippling and Deel—are now locked in a high-stakes legal war involving secret communicat

Apr 4, 2025
Company News

Upwork Reports Fourth Quarter and Full Year 2024 Financial Results

Upwork reported record-breaking financial results for Q4 2024 and the full year 2024 , achieving all-time highs in revenue ($769.3M, up 12%) , GAAP net income ($215.6M, up 360%) , and adjusted EBITDA ($167.6M, up 129%) . The company also sa

Feb 13, 2025
Venture Capital

15Five Acquires Kona, the AI-Powered Manager Effectiveness Coach for Remote Managers

15Five , a performance management platform, has acquired Kona, an AI-powered manager coaching tool designed for remote work environments. The acquisition strengthens 15Five's position as a leader in addressing manager skill gaps and improvi

Jan 28, 2025
Company News

Workday Assembles World-Class Academic Minds for Its AI Advisory Board to Define the Future of Work in an Intelligent World Download PDFShare to LinkedInShare to TwitterShare to Facebook

Workday announced the creation of its AI Advisory Board, composed of top academic experts, to advance responsible AI research and provide guidance on how AI is shaping the workforce and society. The board, chaired by UC Berkeley's Toby Stua

Jan 21, 2025
Earnings

Upwork’s Q3 2024 Financial Results: $193.8M Revenue, Record Net Income of $27.8M, and 22% Adjusted EBITDA Margin

Upwork reported strong financial performance in Q3 2024, achieving a 10% year-over-year revenue increase, with GAAP net income reaching a record $27.8 million and adjusted EBITDA at $43.2 million. The company raised its full-year guidance a

Nov 7, 2024
Company News

UKG Empowers Hawaiian Airlines’ Frontline Workforce with Mobile-first HR Technology

UKG, a prominent HR technology provider, is enhancing Hawaiian Airlines' HR processes with its mobile-first UKG Pro suite. This partnership, spanning 15 years, allows Hawaiian Airlines’ 7,000 employees—many working outside traditional offic

Nov 4, 2024
Company News

Engagedly Announces the Top 100 Global HR Influencers of 2024

The Eighth Annual list celebrates the achievements of people strategists who are driving impactful change in the workplace. ST. LOUIS, Sept. 11, 2024  — Engagedly, the world’s most adaptable and connected employee experience platform, proud

Sep 12, 2024
Company News

Upwork Shatters Financial Records with $22.2M Net Income in Q2 2024

Upwork Inc.  (Nasdaq: UPWK), reported its financial results for Q2 2024, showcasing a robust performance with a record GAAP net income of $22.2 million and a 15% year-over-year revenue growth to $193.1 million. The company achieved a dilute

Aug 7, 2024
Venture Capital

Phenom Acquires Tydy, Expanding Platform to Seamlessly Onboard Employees

Phenom has acquired Tydy, enhancing its Intelligent Talent Experience platform by incorporating Tydy's advanced preboarding and onboarding capabilities. This integration aims to create a seamless, efficient transition from hire to productiv

Jul 2, 2024
Venture Capital

Chronus Acquires Imperative to Help Employers Tackle Missing Driver of Employee Engagement - A Sense of Purpose

Chronus , an employee development platform specializing in mentorship and ERG management, has acquired Imperative, a platform focused on employee engagement through meaningful 1:1 conversations. This acquisition aims to address employee eng

Jun 5, 2024
Product News

Rightpoint, a Genpact Company, Launches Knowledge AI and Search Function to Drive Productivity Across Enterprises

Rightpoint , a global experience leader and a Genpact company, has launched its Knowledge AI and Search solution. This solution integrates Microsoft Azure AI, Azure OpenAI Service, Azure AI Search, Copilot for Microsoft 365, and Microsoft V

May 28, 2024
Earnings

Upwork Reports First Quarter 2024 Financial Results

Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year reven

May 2, 2024
Product News

Quantum Workplace Launches HR Into the AI-Empowerment Era with New Suite of AI Tools

Quantum Workplace introduces innovative AI-powered features aimed at enhancing HR and managerial efficiency and effectiveness. Emphasizing culture as a competitive edge, the platform integrates tools like Smart Summary, Action Planning Idea

Mar 25, 2024
Product News

Fingercheck Launches PaisleyHR, Its New PEO Product to Help Small Businesses Grow With Confidence

A recent NAPEO report revealed that 81% of SMBs without a PEO solution express newfound interest. The data underscores the significant impact PEOs have on small- to medium-sized businesses today. Fingercheck's venture into PEO services furt

Mar 14, 2024
Product News

ChartHop Introduces Flexible HRIS Built for the Entire Organization Featuring AI Insights

ChartHop introduces its innovative HRIS, integrated within its People Operations Platform, to centralize and streamline workforce management. This system empowers HR and finance teams with adaptable tools for analytics, workflow configurati

Mar 12, 2024
Earnings

Fiverr Announces Fourth Quarter and Full Year 2023 Results

Fiverr International Ltd. reported robust financial performance for 2023, exceeding its set targets for revenue and Adjusted EBITDA. The company's strategic focus on AI integration and expanding its complex service offerings significantly c

Feb 22, 2024
Earnings

Upwork Reports Fourth Quarter and Full Year 2023 Financial Results

Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA

Feb 14, 2024
Company News

Jeremy 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

Jan 18, 2024
Venture Capital

Empowering the Workforce: weavix Raises $23.6M in Series B for AI-Enhanced Worker Connectivity

weavix , a Wichita-based technology firm, has announced a significant milestone in its growth journey by securing $23.6 million in Series B funding. This investment round, led by global software investor Insight Partners, with contributions

Jan 16, 2024
Company News

FlexJobs Announces Top 100 Companies to Watch for Remote Jobs in 2024

The FlexJobs 2024 report highlights the top 100 companies leading in remote job opportunities. Emphasizing the continued growth and appeal of telecommuting, this comprehensive list showcases companies across diverse industries. It reflects

Jan 9, 2024
Product News

Paychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results

Paychex , Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Mana

Dec 21, 2023
Product News

Quantum Workplace Acquires TalentKeepers

Quantum Workplace , a renowned employee success platform and partner in the Best Places to Work Programs, has acquired TalentKeepers, known for its employee engagement and retention solutions. This acquisition combines Quantum Workplace's e

Dec 14, 2023
Product News

Upwork Study Finds 64 Million Americans Freelanced in 2023, Adding $1.27 Trillion to U.S. Economy

The "Freelance Forward: 2023" report by Upwork reveals a significant shift in the U.S. labor market towards freelancing. With 64 million Americans, or 38% of the workforce, now freelancing, the sector contributes $1.27 trillion annually to

Dec 12, 2023
Venture Capital

Alto Neuroscience Secures $45M in Game-Changing Series C Round for Mental Health Breakthroughs

– New investors include InVivium Capital, Franklin Templeton, Point72, Eli Lilly and Company, and Alexandria Venture Investments – – Funds will be used to support ongoing and planned late-stage clinical development of CNS product candidates

Nov 21, 2023
Product News

X.com Launches Job Search Functionality, Intensifying Investment in Recruitment Field

X.com(Twitter) has officially entered the recruitment space with the launch of its job search tool, signalling a potential shakeup for the industry. Initially rolled out in August to a select group of users, this LinkedIn-esque feature is n

Nov 17, 2023
Earnings

TriNet Announces Third Quarter 2023 Results

TriNet Group, a leading provider of human capital management solutions, has announced its financial results for Q3 2023. The company reported a slight decrease in total revenues and professional service revenues compared to the same period

Oct 25, 2023
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