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6 Jun, 2018

Hourly Hiring Platform Homebase Announces $20M Series B

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Homebase, the trusted software local business owners rely on to help them organize, schedule shifts, and track time for their hourly teams, today launches Homebase Hiring. The launch couldn’t come at a better time; with the unemployment rate at a 17-year low, local businesses now finally have the tools they need to compete for the right people. The growth is bolstered by a $20 million Series B funding round led by Bain Capital Ventures, with participation from existing investors Baseline Ventures, Cowboy Ventures, Khosla Ventures, and others. The new funding will be used to continue rapid customer adoption, forge new partnerships, and further develop products that make hourly work easier.

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31 May, 2018

Indeed acquires Resume.com

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Indeed, the job website has announced that it has acquired Resume.com, the online individualized resume building service. The transaction closed on May 25, 2018, with the terms remaining undisclosed. Indeed will keep the company as a separate entity, under its title of Resume.com.

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24 May, 2018

Phenom People Announces $22 Million Funding Round

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Phenom People announced a $22 million series B funding round. The Ambler, Pa.-based company previously raised $9 million, and the latest funding round brings the total amount raised to $31 million. It plans to use the funding for growth, including international expansion.

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22 May, 2018

Vervoe Announces $3.5M Funding Round

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The funding round of USD $3.5 million is led by SEEK, a global leader in online employment markets, who will contribute USD $2 million. Additional investors include Jesse Hertzberg, former COO of Etsy, Zachary Lewy, Founder of Arrow Global Limited, and RusIan Kogan and David Shafer of Kogan.com. The capital will be used to develop machine learning technologies, which will rank candidates based on how they perform in online simulations against an employer’s hiring requirements. The capital will also be used to build Vervoe’s global sales team and further expand its customer base.

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14 May, 2018

LinkedIn’s New Matching Feature Lets Job Seekers Vet Themselves

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To make it easier for users to assess how qualified they are for a job, LinkedIn today announced that it is launching a “How you Match” feature, as well as the option to apply for jobs with just one click. Both features will be rolled out to users globally this month. LinkedIn users will first have to indicate their ideal job based on five criteria: skills, experience needed, industry, location, and education. On the recruiter side, LinkedIn’s algorithms will automatically scan job listings and evaluate them based on the criteria supplied

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14 May, 2018

Indeed Assessments Automate Candidate Screening Process

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Job hunting website Indeed has launched Indeed Assessments, a platform that helps employers automate the screening process so they can make faster, more informed candidate evaluations. The Austin, Texas-based company said this is a big step in democratizing hiring. Indeed Assessments, born from Indeed’s acquisition of Interviewed in 2017, allows employers to screen candidates for skills specifically related to their open jobs rather than relying on just a resume, which helps reduce bias in the hiring process.

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10 May, 2018

Greenhouse Announces its Predictive Analytics Product Called Greenhouse Predicts

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Greenhouse, the enterprise talent acquisition suite, has announced its predictive analytics feature, Greenhouse Predicts, is now available to Greenhouse Recruiting customers. One of the biggest challenges for recruiting teams is accurately predicting when a role will be filled, to better anticipate and sidestep the costs of a slow hiring process. Using machine learning, Greenhouse Predicts helps forecast candidate offer acceptance and new hire start dates, allowing Talent, Operations, and Finance teams to more easily see around corners, make informed decisions, and effectively communicate timelines.

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10 May, 2018

HireVue Acquires MindX

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HireVue, provider of the most comprehensive AI-driven talent assessment suite and video interviewing solutions, has completed the acquisition of London-based MindX, a game-based assessments company. MindX’s game-based assessments deliver proven solutions to accelerate the hiring process and rapidly identify cognitive traits in job candidates.

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9 May, 2018

Glassdoor to be Acquired By Recruit Holdings for $1.2 Billion

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Glassdoor announced that it has agreed to be acquired by Recruit Holdings Co., Ltd. for $1.2 billion in an all-cash transaction. Glassdoor is a leading job and recruiting company well known for providing greater workplace transparency. Recruit Holdings, a leading Japanese-based HR company, plans to operate Glassdoor as a distinct and separate part of its growing HR Technology business segment.

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26 Apr, 2018

SRKay Invests in SCIKEY

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SRKay Consulting Group announces its second round of investment in ‘SCIKEY’, a hiring lifecycle automation and talent marketplace that is planned for beta launch in select markets in May-June this year.

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