Our weekly roundup of deals, product announcements and other HR technology news.
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iCIMS acquired Altru Labs, a platform for employee-generated video. iCIMS says the deal bolsters its mission to deliver “people-driven transformation” by helping employers humanize their brand. It wasn’t even a month ago that iCIMS bought the French user experience firm EasyRecrue. A month before that, the company consolidated its products into a single platform and relaunched itself as iCIMS Talent Cloud.
Recruiting platform Phenom acquired Endouble, an Amsterdam-based company focused on the candidate experience. Endouble’s sales, development, implementation, account management, and customer success staffs will join Phenom. Phenom said he deal expands its regional presence, adds technical expertise and strengthens customer onboarding. In October, Phenom acquired My Ally, an automation provider.
Workforce management platform Hibob closed $70 million in Series B funding led by investors SEEK and Israel Growth Partners (IGP). The investment will allow the company to pursue wider global expansion and further its product development efforts. Since its launch in 2015, Hibob has raised a total of $124 million.
A busy week for business in #HRTech as @Phenom_People acquires Endouble, @Hibob_HR closes Series B funding, and more in this week's news roundup. #HR Click To TweetLearning Technologies Group acquired eThink Education and will incorporate the company and its 39 employees into its Open LMS subsidiary. eThink serves more than 2 million customers in the higher education, K-12 and corporate sectors across 22 countries. eThink founders, Brian Carlson and Cheryl Patsavos will join Open LMS’s leadership team as head of sales and head of customer success.
Technology job board Turing.com announced a $32 million Series B funding round led by WestBridge Capital. The round includes investors Foundation Capital, which led Turing’s seed round, Altair Capital, Mindset Ventures, Frontier Ventures and Gaingels.
CodeSignal closed a $25 million Series B round led by Menlo Ventures. The company said the money would be used to “launch our next phase of growth” and to hire additional team members. Series A investors, e.ventures, A Capital, Felicis Venture, and Correlation Ventures participated in the round, along with new investors Capital One Ventures, CM Ventures, Human Capital and TripHammer Ventures.
Enterprise learning platform WorkRamp announced a $17 million Series B funding round led by OMERS Ventures, with participation from Bow Capital. The round brings WorkRamp’s total funding to over $27 million. The funds will be used to further R&D and go-to-market efforts, the company said.
Talent management software platform ClearCompany and LinkedIn said they’ll implement an integration of ClearCompany’s applicant tracking system and LinkedIn Recruiter. Through the integration, ClearCompany users can view candidate records and other data directly in LinkedIn’s environment, and also see when candidates have already applied for a particular position before sending them LinkedIn InMail.
College publisher Her Campus Media unveiled “Generation Hired,” a platform created for members of Gen Z looking for internships and entry-level positions. Job seekers create a free profile on the platform, while employers filter the database to identify candidates matching their needs. Generation Hired will cover industries including finance, marketing, beauty, fashion, technology and entertainment.
Last Week’s Top Stories
ADP Data Points to Remote Work, Employee Health as 2021 Concerns
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3 Fundamental Trends for HR Technology in 2021
We’ve all read about the spike in remote work, the growth of digital recruiting, and increasing adoption of electronic payroll and touchless technology. But some broader shifts are underway, as well, if only because employers and HR technology vendors are reconceptualizing some of work’s fundamental tenets. Read more.
Understanding HR’s Move To AI Sourcing In 2021
Sponsored: Hiretual explores why AI sourcing is becoming a “must” for HR and TA teams, and no longer a “nice-to-have,” when preparing for 2021 and the uncertainties it will bring. Read more.
Podcast: Salesforce Buys Slack in Time for Tech Spending Cuts
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