Our weekly roundup of deals, product announcements and other HR technology news.
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iCIMS filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have yet to be determined. iCIMS intends to list its stock on the Nasdaq Stock Market under the ticker symbol TLNT.
PayScale acquired CURO Compensation Ltd., a provider of pay equity and compensation management technology. CURO helps employers maximize their talent investments by making “fair, equitable and appropriate” compensation decisions. The addition of CURO will enhance PayScale’s end-to-end solutions for organizations to manage their pay strategy.
In this week's #HRTech news roundup: @iCIMS Plans IPO; @Payscale acquires CURO, plus integrations and tie ups. #HR Click To TweetWedge partnered with Lever to help users incorporate asynchronous video interviews into their recruiting workflow. Through the integration, candidates receive a request to record a an interview and can complete their response from any device, without additional apps or downloads. The company said its approach reduces screening time up to 75%.
PTO Genius joined the UKG Connect Technology Partner Program. With the collaboration, organizations that use both PTO Genius and UKG Pro can reimagine their PTO programs to improve work-life balance, decrease operating costs and enhance employee loyalty.
BambooHR added five new partners to its marketplace, including WorkRamp, Aquera, Humley, Synarion and Envision BX. The BambooHR Marketplace includes 88 vendors and allows partners to leverage the platform’s open API to build connectors and integrations.
WeSpire, an employee experience platform for Environment, Social & Governance initiatives, raised a Series B round of $13 million led by Level Structured Capital. The investment will help the company expand sales, marketing and customer success teams and drive product innovation.
Prospr, a deskless-workforce management platform, completed a seed funding round worth $3.2 million. Prospr will use the capital to enhance its offerings, expand its customer base scale infrastructure to support continued growth.
Hiration, a platform that helps candidates to create more effective resumes, said it raised $3 million in seed funding from Prime Venture Partners, Venture Highway and Y Combinator, among others, to support further hiring and growth.
Ascentis acquired time and attendance solutions company Cincinnati Time Systems. The acquisition is the company’s fourth in three years.
Last Week’s Top Stories
Cornerstone OnDemand to go Private as PE Firm Takes Ownership
Cornerstone OnDemand will be acquired by the private equity firm Clearlake Capital. Under terms of their agreement, Clearlake will acquire the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The deal gives Cornerstone an estimated value of approximately $5.2 billion. Read more.
Workday Dubs Google Cloud a ‘Preferred’ Partner
Workday named Google Cloud as a preferred cloud partner across core industries including healthcare, financial services and retail. The company said Google Cloud will help businesses run Workday enterprise applications for finance, HR and planning in a public cloud environment. Read more.
Employers Confront Shortage of Recruiters in Midst of Talent War
Even as the delta variant pushes up Covid-19 case numbers, the economy continues stepping toward recovery. But as employers scramble to find the likes of software developers and data specialists, they’re also hunting for recruiters who can speed the pace of hiring. Read more.
Podcast: PTO Genius Takes a Fresh Look at Time Off
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