Our weekly roundup of deals, product announcements and other HR technology news.
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Phenom launched Phenom Hiring Manager, a set of hiring tools for hiring, management and collaboration with recruiters. The company said the product helps managers more easily identify the strongest candidates, manage interviews, evaluate video assessments, deliver real-time feedback to recruiters and make key hiring decisions. The app is designed to reduce feedback loops that can delay hiring, create poor candidate experiences and interfere with managers’ other responsibilities.
Betterworks received an additional $61 million from current investors, bringing its funds raised to date to $126 million. The company said it continues to lead the OKR and performance management marketplace, and has improved its technology through product development and acquisitions, including that of Hyphen, now called Betterworks Engage.
In this week's #HRTech Roundup: @Phenom_People launches manager's toolkit, @Betterworks lands $61 million, and more. #HR Click To TweetReward Gateway will be acquired by the private equity firms Abry Partners and Castik Capital. Previously controlled by Great Hill Partners, the company said it’s seen more than 180% growth in revenue since 2015 and currently supports more than 1,900 customers with over 5 million employees globally.
PandoLogic acquired Wade & Wendy, a provider of conversational recruiting technology. The company said the acquisition positions it as the only programmatic advertising provider that will be able to define quality applicants without the bias that comes with human involvement. Adding Wade & Wendy’s conversational AI to pandoIQ will deliver a more personalized application and candidate experience, PandoLogic said. Wade & Wendy automates the scheduling of candidate interviews, and also addresses time-consuming tasks such as sourcing and screening.
Workday and Crown Commercial Service signed a memorandum of understanding to serve the UK’s public sector with expanded cloud services. CCS, the UK’s largest public procurement organization, helps UK agencies achieve maximum commercial value when procuring common goods and services.
Workrise, a workforce management platform for skilled trades, raised a $300 million Series E round led by Baillie Gifford and new investor Franklin Templeton. Workrise connects skilled laborers with overv500 infrastructure and energy companies, manages payroll and benefits, and provides access to training.
HireRight announced an integration partnership with ATS provider Fountain to support employers with high-volume hiring needs. The integration offers employers streamlined workflows to move candidates through the hiring process, track the status of screening orders and provide an enhanced experience for applicants.
UKG added four directors to its board: Melissa Thomas-Hunt, global head of diversity and belonging at Airbnb; Jennifer Morgan, head of portfolio operations at Blackstone; Pat Wadors, chief people officer at Procore Technologies; and Timothy Campos, chief executive officer at Woven.
Last Week’s Top Stories
Employees Overwhelmed By All Those Workplace Tools
Remote employees are overwhelmed by workplace technologies, and that’s affecting their productivity. Read more.
Outmatch Acquires High-Volume Hiring Platform Harver
The company said Harver’s platform complements the assessments, video interviewing and reference-checking of Outmatch’s Hiring Experience Stack. The combination will allow employers to make more informed, more efficient hires. Read more.
Paychex Release Focuses on Efficiency, Cost-Containment
Paychex announced new functionality in Paychex Flex. The platform’s Spring ’21 release helps businesses speed up hiring and onboarding new employees, and better understand, measure and manage labor costs. Read more.
Podcast: Big Firms Don’t Use AI, and Why Brits Are Happier
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