Private equity firm TA Associates will make an investment in iCIMS along with existing investor Vista Equity Partners. The company said Vista and TA will maintain equal economic interests in iCIMS and will partner to further accelerate growth and product development.
Recruiting automation platform Fetcher raised a $27 million Series B round led by Tola Capital. The round brings the company’s total capital raised to $40 million. Fetcher said it will use the money to create qualified candidate pipelines for talent acquisition teams, along with outreach and diversity analytics, CRM functionality and global sourcing support
At least 80% of TA decision makers are focused on improving the quality and speed of hires, as well as confidence in their talent decisions, according to a survey commissioned by Talview and conducted by Forrester. Some 60% said better candidate insights and data are needed to improve TA decisions, experience and processes.
Recruiting platform Wedge announced a partnership with the assessment platform Plum. Together, Wedge and Plum will help companies improve hiring experiences and outcomes by taking the process beyond the traditional resume. Sean Paulseth, Wedge’s senior vice president, partnerships said the companies bring a “shared mindset” to organizations that want to close the gap between what candidates want and what employers deliver.
Eightfold AI and government IT provider Carahsoft Technology Corp. have been awarded a prototype contract for the Defense Department’s Innovation Unit to develop and deploy a talent intelligence platform that will identify currently undiscoverable expertise. Eightfold’s Talent Intelligence Platform will power a talent marketplace app called “GigEagle,” which matches DoD needs with reservists and National Guard members who are seeking short-term, project-based duties. The platform will help more easily and closely connect project managers with personnel who can best contribute to digital skill gaps on short-term projects.
WinTheView introduced new portfolio and video tools designed to give candidates a marketing advantage and interview confidence when competing for their next opportunities. WTV allows candidates to create videos and customized portfolios with a unique, easily shared website URL.
LiveHire and myBasePay formed a partnership, which they said will aim to improve the overall candidate experience and quality of hires by pairing LiveHire’s AI-powered direct sourcing technology with myBasePay’s employer of record services. LiveHire will deliver a direct sourcing platform to generate private, branded talent clouds that attract and engage permanent and contingent workers. MyBasePay will then manage the remainder of the employee lifecycle as the employer of record.
Mark Feffer is executive editor of RecruitingDaily and the HCM Technology Report. He’s written for TechTarget, HR Magazine, SHRM, Dice Insights, TLNT.com and TalentCulture, as well as Dow Jones, Bloomberg and Staffing Industry Analysts. He likes schnauzers, sailing and Kentucky-distilled beverages.
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