Industry News

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AllyO raises $45 million in Series B Funding

AllyO, today announced that it’s completed a series B financing round with $45 million in venture capital, contributed largely by new investors Sapphire Ventures and Scale Venture Partners, as well as existing investors Gradient Ventures (Google’s AI fund), Randstad Innovation Fund, Bain Capital Ventures, and Cervin Ventures. This latest round bring AllyO’s total raised to $64 million. The company says the funding will be used to help further develop the company’s products and expand its reach.

Recruit Holdings, owner of Indeed, to acquire UK-based Syft

Recruit Holdings Co., parent company of Indeed.com has announced that its HR Technology SBU (Strategic Business Unit) has signed an agreement to acquire Syft Online Limited (“Syft”) through Indeed Ireland Operations Limited.Syft is a recruiting platform for the hospitality, events and industrial industries in the United Kingdom. Syft’s employees, including its founders, will continue to operate from their headquarters in London and regional office locations. Syft will operate within Recruit Holdings’ HR Technology segment.

Careerlist raises $3.7 million in Seed Funding

Careerlist Inc., a NY-based company launched one year ago, today announced the completion of a $3.7 million round of seed funding. The funding was led by BreakawayGrowth, Grid Ventures, Garage Capital and a number of notable individual investors. The company says the funding will be used to accelerate the attraction of recruiters, unique talent and employers as well as to advance technology investments.  

ATS vendor SmartRecruiters raises $50 million in Series D Funding

SmartRecruiters today announced it has raised $50 million in a series D round of funding led by Insight Partners, with participation from Rembrandt Venture Partners and Mayfield Fund. This latest round brings the total raised to $105 million. The company says the funding will be used to increase investments in AI and machine learning, accelerate product development and expand operations in Europe and Asia.

Shaker International merges with Video Interviewing platform Montage

Shaker International has merged with Montage. The company will be led by Kurt Heikkinen from Montage as CEO and Brian Stern from Shaker International as President, and a leadership team comprising of executives from both companies. All employees and offices of the two companies are being retained, and the combined company will be co-headquartered in Cleveland, OH and Delafield, WI.