Rallyteam, a startup delivering an intelligent talent development platform, today announced an $8.6 million Series A round of financing co-led by Norwest Venture Partners and Storm Ventures. Additional investors include Cornerstone OnDemand and Wilson Sonsini Goodrich & Rosati. The new investment will enable Rallyteam to accelerate growth for its operations and … [Read more...] about Rallyteam Raises $8.6 Million to Grow Talent Development Platform
hr software market
Two More HR Management Software Companies Raise Capital
Two more HR software companies, New York-based HR software platform Namely and French service provider for large HR information systems HR Path, raised respectively $45 million and Euro 5 Million this week. HR Market: Human Resources (HR) Software For Healthcare, Market Human Resources (HR) Software Market UK Human Resources (HR) Software Market … [Read more...] about Two More HR Management Software Companies Raise Capital
Health Benefits Platform Jiff Raised $23.3 MLN
Not a single day goes off without another HR software company getting financed. Today is not exception: Jiff, a Palo Alto, Calif.-based enterprise health benefits platform, has raised $23.3 million in Series C funding. HR Market: Human Resources (HR) Software For Healthcare, Market Forecast Human Resources (HR) Software Market UK Human Resources (HR) Software Market … [Read more...] about Health Benefits Platform Jiff Raised $23.3 MLN
HR Software Market is Booming
HR software market is booming: The HR management and payment company Justworks announced a $13M Series B funding round. Justworks's platform provides automated payments, payroll, HR admin, benefits enrollment, and government paperwork for small and medium-sized companies. Unlike other HR-in-the-cloud business models, Justworks offers employers healthcare savings of up to 30 … [Read more...] about HR Software Market is Booming
HR Software Provider Zenefits Valued $4.5 Bln in Series C Funding
Zenefits, a San Francisco-based provider of HR services automation platform provider, has raised $500 million in Series C funding at a $4.5 billion post-money valuation. As of today Zenefits boasts about 10,000 customers and phenomenal growth, courtesy of its free giveaway formula. Zenefits' services are paid by the benefits providers, for example, health insurance carriers. … [Read more...] about HR Software Provider Zenefits Valued $4.5 Bln in Series C Funding
HR Platform Provider Namely Raised $12 Million
Namely, the cloud-based, human capital management platform, announced a $12 million Series B capital raise. Namely is the HR platform combining payroll, benefits, HRIS, performance management, employee engagement, etc. Namely's user base is about 150 clients and more than 20,000 employees using the platform. Clients pay Namely $10 to $20 per employee each month. HR market … [Read more...] about HR Platform Provider Namely Raised $12 Million
HR Software Market: Zenefits Raises $66 Million
HR automation startup Zenefits raises $66 Million at valuation of about $500 million. High valuations of HR technology companies are driven by fast growth in talent management sectors (recruiting, training, performance management/BI, and leadership/succession management) as well as by shift to software-as-a-service (SaaS) model. The Zenefits platform facilitates integration of … [Read more...] about HR Software Market: Zenefits Raises $66 Million
HR Software Market: Minority Stake in Kronos Sold for $750 Million
The Blackstone Group and GIC had agreed to pay $750 million for about a 44% equity stake in the HR software giant Kronos ($4.5b enterprise value, including debt). Human resources technology is in strong demand driven by switch to cloud computing model gradually replacing traditional in-house workforce management infrastructure. Related market reports: Human Resources (HR) … [Read more...] about HR Software Market: Minority Stake in Kronos Sold for $750 Million
HR Software Company Workday, Raised $637 Million in IPO
Workday, HR software company, raised $637 million in its IPO. The company offered 22.75 million Class A shares at $28 per share, bringing market cap of about $4.5 billion. offering of 22,750,000 shares of its Class A common stock at a price to the public of $28.00 per share. The HR software market is forecast to grow with CAGR of 2.4%, says a recent market study Human … [Read more...] about HR Software Company Workday, Raised $637 Million in IPO