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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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29 Oct, 2018

London-based Hackajob raises $6.7 million in Series A round of funding

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hackajob, a London-based tech startup which helps technical talent find their next job through human expertise and AI, has secured £5 million ($6.7 million) in funding.

AXA Venture Partners led the round with participation from Downing Ventures The funds will be used to fast-track the global expansion of the company – with plans to open offices in Paris immediately and Berlin in November – the US will follow in 2019. The company will also continue building out their proprietary technologies for recruitment, expanding the client and candidate relation teams, and investing in marketing.

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23 Oct, 2018

Stellares Raises $3.5 Million Seed round

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Stealth mode talent acquisition startup Stellar A.I. Inc., operating as Stellares, has closed a $3.5 million dollar Seed round led by Jerusalem Venture Partners, JVP.

The company’s algorithm scans and analyzes the digital footprint of both employers and employment seekers and matches them based on commonalities. Stellares is initially focusing on the U.S. engineering market.

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16 Oct, 2018

ConveyIQ Closes $5.5M Financing Round

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ConveyIQ, a NYC-based provider of enterprise talent communication and recruiting automation software, raised $5.5m in funding. The round was led by SC Ventures, with participation from existing investors 3TS Capital Partners, StarVest Partners and other current investors. In conjunction with the funding, Jan Kobler, Managing Partner of SC Ventures, joined ConveyIQ’s Board of Directors.

The company intends to use the funds to accelerate sales & marketing, new product expansion and the partner ecosystem.

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10 Oct, 2018

LinkedIn announces building new ATS

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Today, at its annual Talent Connect Conference in Anaheim, California, LinkedIn Product Marketing Lead, Sarah Beth Anders, announced that LinkedIn is building a new applicant tracking system (ATS), set to launch in the middle of 2019. Dubbed Talent Hub, LinkedIn’s ATS puts the entire candidate journey, from sourcing to hiring, in its user’s hands.

 

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4 Oct, 2018

Staffing software firm Avionté buys Compas Technology

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Avionté has announced that it has acquired COMPAS Technology for an undisclosed amount. COMPAS products will become part of Avionté’s suite of staffing solutions to better serve the combined company’s clients.

COMPAS makes software companies use to track job applicants, manage job boards and handle other tasks. It largely serves IT and professional-services firms, while Avionté targets the clerical and industrial staffing markets, the Avionté said in a statement.

The combined company will continue to support and enhance the existing Avionté and COMPAS software applications that nearly 900 clients use today. At the same time, the COMPAS capabilities will be combined into the end-to-end Avionté staffing and recruiting software solution to benefit all staffing agency clients.

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4 Oct, 2018

Irish freelance marketing platform Advisable raises €1 million

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Dublin-based Advisable.com, a startup that connects businesses with high-level freelance marketers, has raised €1 million in a funding round led by Frontline Ventures, with participation from a group of angel investors including Breon Corcoran (former CEO, Paddy Power Betfair), Paddy Cosgrave (CEO, Web Summit), Anne Heraty (CEO, CPL Resources Plc.), and Oisin Hanrahan (CEO, Handy.com).

Advisable is planning to use the capital to further develop its platform and expand its team of both full-time employees and freelancers.

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4 Oct, 2018

ZipRecruiter raised $156M in Series B round of funding

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AI-based job finding marketplace, ZipRecruiter, has raised $156 million in a Series B round of funding, at a valuation to be in the region of $1 billion This latest round is being led by Wellington Management Company and returning investor IVP, along with participation from unnamed existing investors. ZipRecruiter has in total now raised $219 million, with its previous round, $63 million led by IVP in 2014, being its first significant outside funding.

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3 Oct, 2018

GoodTime raises $5 million in a new round of funding

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The enhanced interview process management platform, GoodTime, has raised $5 million in a new round of funding led by Bullpen Capital. Through natural language processing GoodTime links interview candidates with the right interviewers inside an organization. The idea is to make the hiring process run more smoothly for large organizations and give overworked human resources staffers a new organizational tool in their toolbox to build better staffing processes.

GoodTime was one of the startups featured at TTL NEXT at Mountain View, CA (September 27, 2018)

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