Gloat raises $90 million Series D led by Generation
HR Technology
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Staffing software provider Bullhorn acquires searchand-match platform SourceBreaker
Staffing software provider Bullhorn has announced that it has acquired Al-driven search-andmatch platform SourceBreaker, media sources reported. SourceBreaker is based out of London, UK, is already a partner in Bullhorn Marketplace. As part of the deal, members of SourceBreaker’s senior executive team will remain with the company. This includes
Upskilling platform Degreed acquires Learn In
chief revenue officer Adam Dale and founder and CEO Steve Beckitt. SourceBreaker will also continue to serve those customers that use customer relationship management and application tracking solutions that are different to Bullhorn. Upskilling platform Degreed has announced the acquisition of talent academy platform Learn In and the return of co-founder David Blake as chief executive office (CEO). Blake was previously the co-founder and CEO of Learn In. Degreed plus Learn In will unify the broader range of development options people use, spanning daily learning to long-term upskilling for individual career growth and innovation within organisations, it added.
Recruitment
AI startup GEO IQ to expand workforce by 100% in FY’23
Indian hyperlocal location AI startup GeoIQ has announced that it plans to double its existing employee strength by FY’ 23. This is in line with GeoIQ’s expansion plans, both for India and overseas. The company will hire across leadership & mid-level positions to lead their data teams in the financial and e-commerce sector. Currently 10
| July 2022
the company looks forward to hiring majorly for tech roles which are data scientist, frontend/Backend engineer, data engineer, product manager, business development manager, and inside sales.
Gloat, the leading provider of workforce agility software and pioneers of the AI-powered talent marketplace, announced its $90 million Series D round led by Generation Investment Management, with participation from Accel, Eight Roads Ventures, Intel Capital and Lumir Ventures. The funding positions Gloat to rapidly accelerate the evolution of a rich, dynamic talent ecosystem that can ride waves of economic growth or adapt to market disruptions, the HR tech startup said in a statement.
HR Tech platform Personio raises US$200 million in Greenoaks led funding round Germany-based HR Tech platform Personio has announced that they have secured US$200 million in a Series E funding round led by Greenoaks Capital Management. Previous backers of the company include Altimeter Capital, Alkeon, Index Ventures, Accel, Meritech, Lightspeed, Northzone and Global Founders Capital. The latest funding has pushed the value of the human-resources software maker to US$8.5 billion. It marks an increase in $2.2 billion in the company’ valuation, which stood at US$6.3 billion last year.
