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.

Reward Gateway will combine operations with Xexec, a provider of reward and recognition, employee benefits, and customer loyalty solutions. Both companies were acquired last year by the private equity firms Abry Partners and Castik Investors. Reward Gateway said the merger will reinforce its position in the global employee engagement market.  Events...
eLearning Brothers, the American Fork, Utah-based learning solutions company, is eyeing more acquisitions in its quest to build a one-stop corporate learning platform.  Earlier this month, the company raised $54 million in a round led by RLG Capital and Trinity Investors. eLB also acquired Rehearsal, a video-based training platform, and...
Enboarder raised $32 million in Series B funding in a round led by NewSpring. The investment brings the company’s total raised to $50 million. Also participating in the round were previous investors Greycroft and Next Coast Ventures, along with new investors Golub Capital, Escalate Capital Partners, Alumni Ventures and Gaingels. Enboarder...
Skuid, a low-code digital toolkit provider, acquired InFlight, which helps enterprises modernize business applications and improve their digital employee experience. The combination melds Skuid’s ability to craft modern, transactional user experiences with InFlight’s integrations with existing systems of record. As a result, Skuid said, enterprises can  quickly create web-based, accessible...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. SmartRecruiters acquired Attrax, a provider of career site software that helps companies build personalized job sites. The acquisition will result in an integrated offering, SmartRecruiters Attrax, designed to help customers build data-powered,...
Marking its latest acquisition, recruiting platform Phenom acquired Tandemploy, a Berlin-based company that focuses on issues surrounding the employee experience. The transaction, Phenom said, will enhance its Talent Experience Management (TXM) platform and grow its presence in Europe. The acquisition is Phenom’s fourth in 16 months, according to media reports....
On the same day it closed a $26 million funding round, Hiretual announced it’s rebranding itself as hireEZ, which it believes better reflects its mission. The investment brings the recruiting technology platform's total funds raised to $45.5 million. “In these unprecedented times, recruiting has become an impossible task,” said CEO...
Workers are more interested in nailing down flexible schedules than they are in hybrid-office arrangements. According to The Wall Street Journal, a Future Forum report said 95% of the workers surveyed want flexible hours, compared to 78% who want “location flexibility.” (The Future Forum is a consortium focused...
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...