Roundup: Paradox Strengthens Video Tools; Buys Blockchain Provider

News Roundup

Our weekly roundup of deals, product announcements and other HR technology news.

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Paradox launched new video products to streamline virtual recruiting and create a more engaging multimedia experience. The features extend across the company’s products, allowing customers to apply them in a variety of circumstances without requiring additional purchases. They allow for sharing video within chats, facilitating offline video interviews and improving the experience for live video interviews. acquired Talenting, saying its end-to-end blockchain technology will expand the reach and capabilities of the platform. The acquisition will make it one of the leading storage solutions for “a global cache” of career data, the company said. The acquisition will lead to new infrastructure and intellectual property meant to simplify and secure the process of accessing and sharing candidate data and evaluating employee viability. “Blockchain has always been a part of the vision, and adding Talenting to our roster will greatly expand our abilities from end-to-end,” said co-founder Arran Stewart.

This week in #HRTech: Paradox adds video tools, acquires Talenting, Topia announces new features. And more in our roundup. #HR Click To Tweet

Topia announced new features for its Compass and Plan solutions to help companies better maintain agility and deliver an improved employee experience. Topia Compass now offers real-time solutions that reduce costs while maintaining tax and legal compliance, including city-specific location monitoring and a pre-travel assessment module that detects and alerts of any travel that may require immigration, social security or posted worker documentation. Topia Plan added a Rapid Cost Simulation module to help managers see the impact of deploying talent on a permanent or temporary basis under various scenarios, while Compensation Worksheets helps HR calculate, update and communicate compensation in an app-based experience.  

Cultivate announced the Cultivate Culture Report, a new feature that objectively measures different areas of company culture and correlates them to success metrics such as engagement, retention or revenue. The feature uses AI and natural language processing to map out an organization’s digital behaviors and culture so that leaders can evaluate and modify them, if necessary. The Report also offers a customized action plan to help organizations capitalize on their strengths or remedy their weaknesses.

Hiretual launched Scholar Sourcing and G-Suite integrations to support post-pandemic hiring. Scholar Sourcing helps recruiters in industries like biotechnology and pharmaceuticals to find talent with research experience from platforms like Google Scholar, ResearchGate and Microsoft Academics. They can search a pool of 113 million profiles with filters for areas such as publications and patents, conferences and journals, research fields and topics. With Gmail Assistant, recruiters can access Hiretual email templates and sequences, track email opens and clicks, and set reminders for candidate conversations directly on Gmail.

Achievers launched a Zoom plugin that allows attendees to recognize colleagues at the end of a meeting with appreciation “cards.” For Achievers customers, an automatic prompt creates recognition in their program with the option of granting points that can be redeemed for rewards.

Green Circle Life said it added new features and increased the size of its customer base last year, refocusing the functionality of its SmartFHR app to help employers address the needs of new work-from-home policies and safety guidelines. Among the changes: The product’s communication hub increased access to HR staff with two-way messaging, and new immunization feature provide education and a place to record vaccination data.

Canadian startup Certn closed $7.4 million in Series A funding, bringing its total raised to date to $34 million. Focusing on real-time background screening solutions for technology, retail, property management, financial and gig services, the company’s “human risk intelligence” solutions aim to accelerate the background check process without compromising accuracy and compliance.

Upkey, a Chicago startup offering students free online career tools, closed $2.6 million in seed funding in a round led by S3 Ventures. The money will be used to grow Upkey’s operations so they can serve more students and give companies access to a bigger pipeline of talent. Upkey plans to open a second office in Austin, Texas.

Last Week’s Top Stories

Workday To Acquire Employee-Feedback Platform Peakon

Workday signed an agreement to acquire Peakon ApS, a platform that gathers employee feedback and provides insights to management. The company said customers will be able to take advantage of a “continuous listening platform” that includes real-time data on employee experience, sentiment and productivity, as well as customized recommendations for actions organizations can take. Read more.

Roundtable: Using HCM to Build a Team-Oriented Culture

What role does HCM technology play in helping employers develop a team culture? We asked several industry leaders who spend their time thinking about different aspects of company dynamics to join us in a discussion that, we hope, puts culture and technology in context. Read more.

Oracle Launches Return-to-Workplace Package

Oracle updated Oracle Fusion Cloud HCM’s Employee Care Package as businesses begin planning the reopening of their workplaces post-Covid-19. The updates include new testing and vaccine-tracking capabilities, as well as automated guidance for employees returning on-site. Read more.

Podcast: Pandemic Eases Way for Learning Tech

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