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15 Jan, 2019

CareerArc Raises $30 Million in Growth Equity Round

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CareerArc announced today it raised a $30 million growth equity round led by PeakEquity Partners.

CareerArc Social Recruiting solutions allow companies to connect with job candidates on social media by distributing open jobs across social channels, creating and scheduling shareable social media content, and tracking and measuring campaign results. CareerArc Outplacement solutions enable organizations to prepare employees for their next career step through resume development tools, skills assessments, job matching and on-demand career coaching.

The investment will be used  to accelerate growth, expand product offerings, and strengthen market position

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9 Jan, 2019

OutMatch to Acquire Wepow

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OutMatch, the predictive talent and culture analytics company, announced today the acquisition of Wepow, a provider of video interviewing solutions that improve hiring outcomes.

Wepow technology makes interviewing productive, cost-effective, and more personal. The added capabilities also will strengthen companies’ ability to predict culture fit, employee performance, and career growth, while keeping top candidates engaged and moving forward in the selection process.

OutMatch has made a series of acquisitions in recent years, creating the rare ability to help companies hire and develop the right employees for the right positions — a talent acquisition platform with proven pre-hire assessments and data-driven insights that impact post-hire talent issues such as performance, learning, succession, and leadership development.

Wepow will maintain its offices and employees in Cupertino, Calif. It will continue to serve existing clients and work to attract new ones, while OutMatch and Wepow also pursue strategic opportunities to integrate the solutions each provides to customers.

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8 Jan, 2019

ZeroChaos Rebrands as Workforce Logiq

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Workforce management firm ZeroChaos has rebranded to Workforce Logiq™.  The company’s new tagline, Intelligence at Work™, along with its new logo, were created to showcase the company’s “IQ”—its focus on business intelligence, AI-powered and patented and patent-pending innovation and advanced recruiting models that deliver the edge to clients to pre-empt their competition in attracting, engaging and retaining global talent.

Workforce Logiq’s solutions portfolio, including Managed Service Provider (MSP), Vendor Management System (VMS) and Recruitment Process Outsourcing (RPO) programs, provides HR and procurement leaders with intelligence and insights to confidently manage their global workforce, improve bottom-line performance and fuel growth.

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20 Dec, 2018

Assessment Firm Acquires Koru Predictive Hiring

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Capp & Co. Limited, a global leader in strength-based talent assessment, announces today that it has completed its acquisition of Seattle-based Koru Careers, Inc.’s predictive hiring business.

The Koru product will continue to be offered to current and new customers and will be rebranded to Capp over the next year. Capp’s US headquarters will be in New York and Koru will be supported by a distributed team in Seattle and New York; Sydney, Australia; and London and Birmingham, UK.

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20 Nov, 2018

German on-demand staffing startup Zenjob raises €15 million in Series B round

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Berlin-based on-demand staffing platform Zenjob has raised a Series B round of €15 million led by AXA Venture Partners, a VC firm backed by the insurance giant AXA. Acton Capital Partners, Redalpine, and Atlantic Labs also participated in the round.

The startup plans to use the money to further develop its platform and expand beyond Germany.

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20 Nov, 2018

Workable raises $50 million in Series C round

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Boston-based Workable Inc has raised $50 million in a Series C round of funding, bringing the company’s lifetime investment to $84 million.The latest funding was led by Zouk Capital, a London-based private equity firm, with participation from existing investors 83North, Notion and Balderton Capital.

Workable’s software helps small and midsize businesses hire more efficiently by automating parts of the candidate sourcing and screening process. They combine corporate hiring data and personal data vacuumed from online sources by predictive algorithms to recommend candidates that seem like a good fit for a particular position

The company has recently moved to a new headquarters at 99 High Street with room for about 150 employees. With the help of the new funding, Workable hopes to expand the marketing, sales and customer support teams.

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19 Nov, 2018

Wonolo raises $32 M in Series C round

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Staffing platform startup Wonolo, used by workers to connect with businesses that need to staff up quickly specifically for labor based roles in retail, manufacturing and shipping, today announced that they raised $32 M. The Series C round was led by Bain Capital, with participation from DAG Ventures, Sequoia Capital, Base10, AMN Healthcare and Cendana.This latest round, the company said, will be used to expand its own staff.

The company says it now has 300,000 users registered on its platform, and it connects would-be workers with companies that include Coca-Cola, Papa John’s and Uniqlo. Employees can post jobs “in seconds” with jobs filled “in minutes,” with payment processed after a job is complete (pricing is not disclosed). Wonolo also vets workers before onboarding them to the platform.

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7 Nov, 2018

The Muse acquires TalentShare

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The Muse, a New York-based, content-rich recruitment site that offers career advice and skills building, has made it second acquisition, picking up TalentShare, a year-old, HR software-as-a service company. TalentShare has been focused on enabling companies to share high-quality candidates that they didn’t hire but would recommend to other companies that are in the market for talent.

Terms aren’t being disclosed, but four of TalentShare’s five-member team are joining The Muse  and  will help The Muse in establishing a second office in San Francisco.The Muse won’t incorporate everything that TalentShare has built. Its interest instead centers on one aspect of the startup’s technology that helps brands better understand from where candidates come.

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31 Oct, 2018

Early Career Job Market Handshake Raises $40 Million

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Handshake, a platform for both students looking to take their early career steps and employers that want to reach them, has raised $40 million in a Series C round of funding, after hitting 14 million users in the U.S. across 700 universities, and 300,000 employers targeting them.

The round was led by EQT Ventures, , with participation also from the Chan Zuckerberg Initiative, Omidyar Network and Reach Capital, as well as True Ventures, Kleiner Perkins, Lightspeed Venture Partners, Spark Capital and KPCB Edge. The plan is to use the new funding to expand into more markets like Europe, using EQT’s network of businesses in the region to help it along.

 

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29 Oct, 2018

UK-based Staffing App Rota Raises £1.8M in Funding

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Rota, a London, UK-based staffing app, raised £1.8m in funding. Backers included VC firms and several High Net Worth individuals. Their names were not disclosed.

The company intends to use the funds to expand its UK presence and extend its existing service offering, whilst advancing current technologies. A key focus will be the development of its market shifting features, enhancing its ability to fill large numbers of shifts with high quality staff members.

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