Our weekly roundup of deals, product announcements and other HR technology news.
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UKG said it now has more than 250 technology and services partners in its network and that, with its launch of UKG Marketplace, it has created one of the largest global partner ecosystems focused on HCM. The company said collaborations with iPaaS providers like Cloud Elements and Workato will provide HR and IT teams with access pre-built connectors between UKG Pro and business systems within and outside of HR.
Degreed raised $153 million in Series D funding in a round led by Sapphire Ventures and Riverwood Capital. The company said the round pegs its current valuation at $1.4 billion. The funding will be used to accelerate product development, enhance data infrastructure, fuel global expansion and pursue strategic acquisitions, Degreed said. In addition, Dan Levin, former COO of Box will succeed Chris McCarthy as CEO..@UKGInc expands partner ecosystem, @Degreed closes $153 million investment and more in this week's #HRTech Roundup. #HR Click To Tweet
Willis Towers Watson enhanced its survey participation portal to simplify salary-survey data submission and the review process for clients globally. The release also included an AI-based job matching assistant that automatically suggests matches between client jobs and WTW’s job taxonomy, helping users match jobs via an interactive online application.
BioSpace acquired MedReps, a career platform for medical sales roles. The company said the services of two firms complement each other. MedReps hosts a community of over 300,000 members who use the platform for medical device, pharmaceutical and biotech sales jobs.
GR8 People said it turned in “a strong first quarter performance” that demonstrated progress in customer gains, recognition and product development. The company recent launched intelligent automation, which puts lists of actionable talent in recruiters’ hands, and new integrations with HR technology providers including Zoom, ADP, Accurate Background and Ceridian/Dayforce.
Tech consulting firm West Monroe expanded its HCM services. The firm plans to more than double the size of the HCM practice by hiring dozens of professionals and evaluating acquisition targets. The company said the expansion will allow it to more holistically address demand for transformation services in digital, talent and the changing workplace.
iHire finalized its acquisition of WorkInSports, a job board for the sports industry. WorkInSports now officially operates as the 57th industry-focused community in iHire’s family of talent brands.
Last Week’s Top Stories
PayScale, Payfactors Merge to Form Compensation Data Force
Compensation data companies PayScale and Payfactors have decided to stop competing and join forces. Their merger will form a company of 600 employees and some 10,000 customers, including half of the Fortune 500. Read more.
Alight’s New Platform Focused on Data, Personalization
Alight Solutions launched a new enterprise platform designed to facilitate more personalized interactions with employees. The platform engages employees with personalized information, presented at the moment they need it. Read more.
Employers, Vendors Mull Expanded Scope of Employee Experience
The Covid-19 pandemic has spurred businesses to think of the employee experience more holistically, as a dynamic that’s impacted not only by their managers, teammates and HR, but by how workers interact with departments across the organization and the very tools they use to get their jobs done. Read more.
Podcast: Vendors Expand Visions of Employee Experience
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