Industry News

Coverage of business deals, partnerships, new products, people moves, marketing strategies, regulatory issues and other developments that HCM solutions providers, HR leaders, financial executives and investors need to know.

Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. SeekOut raised $115 million in Series C funding in a round led by Tiger Global Management. The investment values SeekOut at more than $1.2 billion, reflecting a 2.6x increase in valuation...
Our weekly roundup of deals, product announcements and other HR technology news.Paradox Listen to a podcast of our roundup. A U.S. district court judge ordered the diversity-recruiting platform Canvas to stop using the domain name canvas.com, according to media reports. The preliminary injunction was issued after educational software provider Instructure argued...
Transcript Mark: Welcome to PeopleTech, the podcast of the HCM Technology Report. I'm Mark Feffer. Today, I'm speaking with Joanna Kim-Brunetti, vice president of regulatory affair and general council for Trusaic. Their compliance software helps businesses reduce their risks, maximize opportunities, and keep up with constantly changing regulatory requirements. We're going...
The number of people choosing independent work surged to a record-breaking 34% during 2021, jumping from 38.2 million in 2020 to 51.1 million last year. “An undercurrent that has been simmering reached a boiling point when people were forced out of the office and into alternative work arrangements,” said Miles...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Skillsoft acquired coding-education platform Codecademy for $525 million in cash and stock. The sale comes nearly a year after Codecademy raised $40 million in Series D funding and pivoted its consumer-focused product...
In terms of sheer drama, nobody thought that 2021 would match 2020, but here we are moving into the third year of a global pandemic, enduring political confrontations that get increasingly more intense and enduring tornadoes and wildfires in places they’re not usually seen. As the year turns, it seems...
“Significant disconnects” over culture are at play between frontline employees and business leaders, causing many workers to consider quitting their jobs over culture concerns. According to research from BambooHR, HR professionals are also feeling the strain, with nearly a quarter of HR managers, 22%, saying that remote work has caused...
Paradox closed a Series C investment of $200 million. The round was led by Stripes, Sapphire and Thoma Bravo, and values the company at $1.5 billion. The round "was entirely about team building. It’s a new starting line in a bigger race that resets expectations of the future we can...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Recruiting platform Paradox raised a $200 million Series C investment round. The round was led by Stripes, Sapphire and Thoma Bravo. The company’s AI assistant helps employers automate candidate screening, interview...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Zoom invested in Clovers through its Zoom Apps Fund. The company was selected based on its early market traction and ability to provide engaging experiences to Zoom customers. As part of the...