Our weekly roundup of deals, product announcements and other HR technology news.
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Visier launched the Visier Resignation Report, a tool that allows users to examine shifts in quit rates. Currently updated through the end of May 2022, the Report says the overall rate of employee resignations this year has remained higher – substantially higher, in fact – in comparison to 2020 or 2021. The Report pulls data from Visier’s anonymized employee records, and will be updated at the beginning of every month. It’s free.
Cappfinity rolled out an expanded suite of virtual reality experiences designed to help recruiting teams land and retain strong candidates. The new VR experiences are the latest addition to Cappfinity’s suite of recruitment and development solutions that evaluate behaviors and provides role-specific insights for hiring managers.This week in #HRTech: @Visier launches Resignation Report, @Cappfinity expands VR and more in our roundup. #HR Click To Tweet
Talent acquisition platform CEIPAL closed a Series B funding round of $16.5 million with an additional $4.5 million in debt financing for a total of $21 million in funds. The round was led by Camden Partners. CEIPAL will use the money to expand, particularly within the U.S., UK and India. The company also has plans to enhance its product capabilities and grow its customer base among staffing businesses, systems integrators and corporate organizations.
LXP provider Degreed acquired Learn In, and announced the return of co-founder David Blake as CEO. Degreed said the acquisition will unify the range of development options people use, from daily learning to long-term upskilling for individuals and innovation within organizations
JobDiva announced an integration with CloudCall, a computer telephony integration (CTI) designed for CRM. The system will enable recruiters to keep track of their phone interactions in one place, thus offering additional convenience. JobDiva said the integration can help recruiters optimize their processes, increase the speed of conversations and keep track of logged calls. Data insights are captured directly within JobDiva’s CRM so users can take advantage of a 360° view of all voice communications with a contact.
TextUs announced Keywords, new functionality that allows users to drive higher SMS response rates through use of automated keywords. The feature’s intended to help customers drive efficiency and engagement through the use of specific keywords. TextUs said use cases for Keywords are increasing as companies seek to better engage candidates, customers, employees and vendors. In addition, users can create auto responses for common questions.
Deel offered to acquire Australian-based payroll company PayGroup, which would enable the creation of a global payroll platform. PayGroup is a global payroll provider with a strong foothold in APAC, processing roughly $AU 11 billion in payroll per year for over 2,800 businesses. Its payroll and HCM would extend Deel’s payroll and compliance capabilities to more industries and customers.
Last Week’s Top Stories
Cornerstone OnDemand Acquires SumTotal
Digital learning platform provider Skillsoft agreed to sell its SumTotal business to Cornerstone OnDemand for approximately $200 million in cash. Read more.
Velocity Global Raises $400 Million in Series B Funding
Velocity Global raised $400 million in a Series B round, increasing the company’s valuation by an order of seven from this time a year ago. Read more.
Adzuna Acquires U.S. Job-Search Engine Getwork
UK-based job-search engine Adzuna said it’s acquired Getwork, an American platform that targets enterprise companies. Read more.
Podcast: Learn In’s David Blake on Skills, Learning and What They Mean Together
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