Business

As technology advances, so does the opportunity for vendors to serve business of all sizes. But HCM technology is constantly changing as new companies emerge, old vendors plan for market changes and new generations of employees demand more from their tools. Here’s our coverage.

Listen to a podcast of our roundup. Globalization Partners received a $200 million investment from Vista Credit Partners, a strategic credit and financing firm focused on the enterprise software, data and technology markets. The investment values Globalization Partners at $4.2 billion. The company will use the investment to expand its...
People management platform closed a Series F round of $175 million from Thrive Capital, Elad Gil, Tiger Global and Dragoneer. The investment raises the company’s valuation to some $3 billion. It’s been less than 10 months since Lattice closed its $60 million Series E round, in March 2021. CEO and...
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...
Twenty-three percent of American employees say they plan to find new jobs during 2022, while 9% have already accepted an offer for the new year. A survey by ResumeBuilder also found that 61% expect to leave their current positions during the first half. Of those, 26% said they’ll make...
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...
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...