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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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3 Oct, 2018

Upwork holds IPO, trading on Nasdaq UPWK

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One of the largest online marketplace connecting freelancers with clients, Upwork opened for trading for the first time Wednesday morning on the Nasdaq as UPWK.

Upwork on Tuesday evening priced its initial public offering at $15 per share but trading began at $23. With nearly 12.5 million shares in the IPO, the company raised $187 million at about a $1.5 billion valuation.

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28 Sep, 2018

Pymetrics raises $40 million in series B funding

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Pymetrics announced today that is has secured $40 million in Series B funding led by General Atlantic. The Greenwich, Connecticut-based firm was joined by various investors, including Salesforce.com Inc.’s venture capital arm, as well as Workday Ventures, Khosla Ventures and Jazz Venture Partners.

Founded in 2013 and a 2014 graduate of the Partnership Fund for New York City and Accenture’s FinTech Innovation Lab, pymetrics utilizes neuroscience and AI to assess job applicants across a range of cognitive, social, and emotional traits and algorithmically recommend the best-suited candidates to companies.

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14 Sep, 2018

Hiretual Launches Globally, Announces $5M Series A

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AI-driven technology company [Hiretual] announced a $5 million Series A funding round led by Northern Light Venture Capital, bringing the company’s total funding to date to $6.5 million. Founded in April 2015, Hiretual has been quietly building and scaling its technology, which is already in use by more than 80K recruiters from more than 200 companies, including globally recognized Fortune 500 brands. Hiretual will leverage the new funding to accelerate growth and scale its operations and AI-powered HR technology.

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12 Sep, 2018

Intrideo Launches Next Generation ATS

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The new Intrideo “CTS” (Candidate Tracking System) is designed specifically for the HR sector and will revolutionize current practices by changing the way candidates apply for jobs, as well as how recruiters screen and select applicants.

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