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, curated career sites that enhance candidate experience and improve hiring outcomes. SmartRecruiters Attrax is available immediately for SmartRecruiters customers.
Equifax will acquire Efficient Hire, a provider of cloud recruiting, onboarding and HR management solutions. This acquisition will enable Equifax Workforce Solutions to bring employers more of the services and insights they need to help effectively manage their workforce, the company said. Efficient Hire offers a portfolio of solutions that is specially tailored to meet the needs of hourly employers.This week: @SmartRecruiters acquires Attrax, @Equifax gets Efficient Hire and Handshake receives $200 million. And more. #HR #HRTech Click To Tweet
Handshake, a job network focused on recent college graduates, received a $200 million investment in a round led by Coatue Management and Valiant Peregrine Fund. With the financing, Bloomberg said, the company’s valuation increased to $3.5 billion. Handshake offers a variety of services to students and alumni including virtual career fairs and help in building career-related skill sets.
iHire added HR Services & Consulting to its employer solutions portfolio. The customized package of services is designed to help customers with talent acquisition, onboarding, retention and compliance.
Bullhorn launched Bullhorn Ventures, a venture capital unit focused on early-stage companies that help staffing and recruiting firms improve operational efficiency, reported Staffing Industry Analysts. The effort will launch with $20 million earmarked for investments.
Job-matching platform Otta raised $20 million in Series A funding in a round led by Tiger Global Management. According to TechCrunch, the London-based company will use the funds to expand its U.S. presence and double the size of its product and engineering team. Otta said that activity on its platform has increased from 1,000 applications per month in January 2020 to more than 5,000 per day.
Fuel50 announced Coach Marketplace, a coach-matching solution that provides the framework for an internal coaching marketplace to support peer-to-peer learning, skills coaching and reverse mentoring. The platform matches people to internal coaches based on the skills and talents they wish to grow, their career development goals and their values, motivators and aspirations.
Beekeeper unveiled a full-scale integration with EduMe, the training platform for deskless workers. With the integration, the company is introducing a suite of in-app training modules and bringing mobile learning, quizzes, assessments and individual lessons to frontline workers. HR teams and company leaders will be able to distribute targeted training reminders as push notifications through the Beekeeper app.
Udemy plans to expand its EMEA headquarters in Dublin, creating more than 120 new jobs. Following its recent IPO, Udemy said it will invest in the company’s go-to-market efforts worldwide, and continue developing products that deliver immersive learning experiences. The Dublin office is critical in supporting these efforts, the company said.
People analytics firm Crunchr announced a new round of funding led by the SaaS-focused investment form Oxx. With the funding, Crunchr will add predictive analytics capabilities to its platform, and expand the size of its team
HiBob announced a partnership with collaborative learning provider 360Learning to help companies offer training in recruiting and upskilling, and create a company culture for learning and development. Through the integration, HiBob and 360Learning customers can implement a workflow enhancement tool derived from a direct connection between the two platforms. The partnership allows the automatic sharing of employee user data from HiBob to 360Learning, connecting HR insights more closely to an employee’s learning and development within the 360Learning platform.
HRSoft expanded its technology partnership with UKG by adding PERFORMview to the UKG Marketplace. The addition of PERFORMview Pro complements HRSoft’s existing COMPview integrations with UKG Pro, UKG Dimensions, and UKG Ready.
Woven, an interview platform focused on hiring engineers for software companies, will launch Woven Match, a new service that pairs hiring managers with experienced developers based on the platform’s assessment results. Woven uses a combination of human and machine-powered evaluators to identify candidates with problem-solving skills.
Last Week’s Top Stories
Ceridian, PRO Unlimited Partner to Expand On-Demand Pay
PRO Unlimited announced a partnership with Ceridian to broaden its Worker Experience solution by offering Dayforce Wallet, Ceridian’s pay-on-demand solution. The companies said Dayforce Wallet will give non-employee workers more control over their compensation by providing access to their earned net pay whenever they need it. Read more.
Imagining a ‘Digital Front Door” for the Hybrid Workforce
To ensure that all employees have consistent access to information, support and growth opportunities, companies are rethinking, redesigning and revamping their systems and processes with a hybrid-first, employee-centric mindset. Read more.
Hiretual Closes Funding Round, Rebrands to hireEZ
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. Read more.
Podcast: Clovers AI CEO Doug Leonard on Recruiting in Pressured Times
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