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Salesforce leads $166 million investment in HiBob, valuing Israeli HR tech company at $3.2 billion - calcalistech.com
HR Technology

Salesforce leads $166 million investment in HiBob, valuing Israeli HR tech company at $3.2 billion - calcalistech.com

Salesforce has led a $166 million funding round in HiBob, an Israeli-founded modern HRIS platform, pushing the company's valuation to $3.2 billion. The investment represents one of the largest recent bets on next-generation core HR infrastructure and underscores growing enterprise software interest in the HR technology sector.

Sep 1, 2026
All in on continual feedback, Lattice acquires Pando
Performance Management

All in on continual feedback, Lattice acquires Pando

Lattice, a leading HR performance management platform, has acquired Pando in a move aimed at deepening its continuous feedback capabilities. The acquisition signals Lattice's intent to own a larger share of the real-time performance intelligence market, offering HR leaders a more integrated suite for ongoing employee development conversations — moving beyond periodic reviews toward always-on feedback loops.

Aug 29, 2026
Venture Capital

Trayd Raises $10M to Transform Payroll for Specialty Trade Contractors with 31× Productivity Gains

Trayd raises $10M Series A led by White Star Capital, bringing total funding to $15M. Its construction payroll platform cuts processing time from 14 hours to 27 minutes while handling union rules, multi-state taxes, and compliance. Targets

Mar 25, 2026
Venture Capital

Viventium Acquires NYC Hiring Platform Apploi to Build National Healthcare-Exclusive HCM

Viventium has acquired Apploi to form a healthcare-exclusive HCM platform integrating recruiting, credentialing, onboarding, payroll, and workforce management. The combined system supports ~800,000 employees and 9,000+ providers across all

Feb 4, 2026
Company News

Thoma Bravo in Advanced Talks to Acquire Dayforce in $11B Take-Private Deal

Thoma Bravo is in advanced talks to acquire Dayforce Inc. in a deal valued at more than $11 billion, potentially taking the HR software provider private. Despite strong revenue growth and improving profitability, Dayforce has struggled in p

Aug 19, 2025
Venture Capital

Employee Navigator Raises $100M to Fuel AI-Powered HR and Benefits Platform Expansion

Employee Navigator , a leading U.S.-based benefits administration and HR software provider, has completed a $100 million funding round from its existing investors, JMI Equity and Spectrum Equity. This minority investment facilitated a $120

Aug 4, 2025
News

CoAdvantage and PrimePay Merge to Create a Comprehensive HCM Powerhouse

CoAdvantage, a leading Professional Employer Organization (PEO), has successfully merged with PrimePay, a well-established payroll and HR software provider. Backed by private equity firm Aquiline, the combined entity aims to offer a more co

Jun 30, 2025
Company News

Paylocity Q3 FY2025 Revenue Rises 13% to $454.5M, Adjusted EBITDA Hits $197M

Paylocity reported strong third-quarter fiscal 2025 results, highlighted by double-digit revenue and earnings growth. The company posted total revenue of $454.5 million, up 13% year-over-year, with recurring revenue rising 15% to $421.1 mil

May 2, 2025
Venture Capital

Spain’s HR Tech Firm Factorial Secures $120M in Non-Dilutive Funding to Accelerate Expansion in Germany, France, and Italy

Factorial , the Barcelona-based HR tech unicorn, has secured an additional $120 million in non-dilutive funding from General Catalyst, bringing its total borrowings from GC’s Customer Value fund to $200 million . This investment will fuel F

Mar 20, 2025
Company News

Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results

aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year , with a GAAP net income of $502 million (27% of total revenues). Adj

Feb 12, 2025
Venture Capital

Selerix Acquires TBX® to Create an All-in-One Benefits Administration SaaS Platform

Selerix , a leading provider of cloud-based benefits administration solutions, has acquired The Benefits eXpert® ( TBX® ), a technology company specializing in employee benefits education and enrollment. The acquisition aims to create a com

Feb 6, 2025
Venture Capital

Canada-Based Borderless AI Secures $5M Seed Extension, Raising Total Funding to $32M for HR Tech Innovation

Borderless AI has introduced HRGPT, a transformative AI-powered search engine designed specifically for HR teams and employees. HRGPT enables real-time retrieval of internal HR data and external HR regulations while providing transparency t

Jan 17, 2025
Venture Capital

Paychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology

Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in dri

Jan 7, 2025
Venture Capital

ProProfs Acquires HR & Performance Goals Management Software PeopleGoal

ProProfs has acquired   PeopleGoal , a performance management platform known for enhancing employee engagement and productivity. This strategic acquisition broadens ProProfs’ HR solutions suite, integrating tools for goal setting, performan

Nov 25, 2024
Venture Capital

Ciphr Acquires Avantus to Revolutionize UK Employee Benefits and Enhance HR Solutions

Ciphr Group, a leading HR software provider in the UK, has acquired Avantus , an established employee benefits platform serving over 400 businesses globally. The acquisition enhances Ciphr’s offering by integrating Avantus' customizable pla

Nov 20, 2024
Company News

Paylocity Reports $363M Q1 Revenue with 14% Growth, Driven by Airbase Acquisition

Paylocity 's first-quarter fiscal 2025 report highlights a strong start, with 14% growth in recurring and total revenue year-over-year, reaching $363 million. The recent acquisition of Airbase marks an expansion into finance and spend manag

Oct 30, 2024
Product News

Introducing Ask BambooHR: AI-Powered Solution Revolutionizing HR Efficiency and Employee Support

BambooHR , the leading cloud-based HR platform, introduces Ask BambooHR, an AI-powered chat interface designed to help HR professionals reclaim time by automating responses to routine questions about policies, benefits, and company data. An

Oct 17, 2024
Venture Capital

TeamBridge Secures $28 Million in Series B Funding to Revolutionize HR Software for Hourly Workers

TeamBridge , an HR tech startup founded by former Uber executives, has secured $28 million in Series B funding, led by Mayfield with participation from General Catalyst and Abstract Ventures, raising its total funding to $41.5 million. This

Sep 16, 2024
HotNews

National Advertising Division Finds Certain Deel Payroll and HRIS Claims Supported; Recommends Others be Modified or Discontinued

The National Advertising Division (NAD) of BBB National Programs reviewed advertising claims made by Deel, Inc. regarding its Payroll and Human Resource Information System (HRIS) in response to a challenge from competitor Rippling. While NA

Aug 9, 2024
Venture Capital

Tokyo's HR Tech Leader SmartHR Secures $140 Million Series E Funding

KKR and Teachers' Venture Growth (TVG) have announced a $140 million Series E investment in SmartHR , a leading cloud-native human resources management platform in Japan. This funding will drive SmartHR's growth, including new solution deve

Jul 1, 2024
Venture Capital

Worky Raises $6 Million to Drive Growth and Accelerate Adoption of Cloud-Based HR and Payroll Solution in Mexico

Worky , an all-in-one HR and payroll software designed for Mexican companies, recently secured $6 million in Series A funding led by Atlántico and ADP Ventures. Founded in 2018, Worky aims to modernize employee recruitment, management, and

May 14, 2024
Venture Capital

Rippling Raises $200 Million at $13.5 Billion Valuation to Expand Integrated Business Software Suite

Rippling has successfully secured $200 million in new financing and arranged for the repurchase of up to $590 million in equity, involving both current and former employees as well as early investors. This funding round, which values Rippli

Apr 22, 2024
Company News

WorkForce Software Receives Additional Industry Awards for Top HR Software Company of 2024 and Top Workforce Management Provider

WorkForce Software is named a Top 25 HR Software Company in 2024 by The Software Report and a Top Workforce Management Brand by DHRmap for improving employee management at leading global companies, delivering rapid ROI on workforce technolo

Mar 27, 2024
Product News

Lattice Unveils a Bold Evolution for its People Platform Powered by Artificial Intelligence, Announces AI Engagement Insights Built on OpenAI

Lattice   has launched a new initiative, Lattice AI, to enhance its HR software by incorporating artificial intelligence aimed at humanizing the employee experience. This move aims to support employees, managers, and HR teams by providing A

Mar 5, 2024
Product News

Boost Employee Happiness with AI: BambooHR Unveils Cutting-Edge eNPS Insights

BambooHR introduces an innovative AI-powered feature to its cloud-based HR platform, aiming to revolutionize how companies gauge and improve employee satisfaction. The new AI Topic Summaries for eNPS enable efficient analysis of employee fe

Feb 15, 2024
Company News

Modern HR Software Solutions Introduce New Features to Enhance Workplace Efficiency in 2024

New AI-powered applicant tracking, precise geofencing, advanced insights, time-saving documentation, and payroll integration MIAMI ,  Jan. 30, 2024 With the New Year underway, many businesses are reevaluating their HR software solutions to

Jan 30, 2024
Venture Capital

nCoreHR's EUR2M Boost: Pioneering Recruitment Tech on a Global Scale

nCoreHR , a Milan-based company specializing in HR technology, provides a cloud-based platform for automating recruitment processes. Their software focuses on reducing non-core operations for HR professionals, improving efficiency in handli

Dec 15, 2023
Company News

BambooHR Innovates Employee Benefits Enrollment with Launch of New Administration Solution

BambooHR, the renowned provider of cloud-hosted HR software, has launched Benefits Administration, a new solution that aims to simplify benefits enrollment for many organizations. Integrated directly into the BambooHR platform, Benefits Adm

Jun 12, 2023
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