Rec Tech: the Recruiting Technology Podcast Criteria Acquires alcami, Indeed Launches ATS, Seekout and Jobandtalent Get Funded
Criteria, a market-leading SaaS people analytics platform, announced that it has acquired Australian-based Alcami Interactive, an on-demand video interviewing platform.
There has been a substantial increase in demand for advanced video interviewing since the beginning of 2020, and Criteria will offer its 4000+ customers Alcami’s video interviewing service through its platform. Alcami will also offer Criteria’s portfolio of assessments to its APAC customers. Criteria plans to fully integrate the companies in 2022.
“It’s no secret that the rise of remote work has created increased demand for video interviewing tools,” said Josh Millet, founder and CEO of Criteria. “Our own benchmark report identified a 159% increase in video interviewing after COVID-19 hit, and many of our customers have asked us for a video interviewing solution. After an extensive market review, we are confident that we’ve selected the best video interviewing solution in the market today. What we love about Alcami is that they built their technology with priorities that mirror ours: creating a user-friendly interface that caters to an outstanding candidate experience, and building advanced functionality around diversity and inclusion. We believe Alcami will complement our pre-hire assessment portfolio and will enable us to add even more value to our customers’ hiring process by enabling structured interviews, which research shows work much better than unstructured ones.”
Alcami has a unique technology that drives an outstanding customer and candidate user experience, advanced functionality around diversity and inclusion, and the ability to cater for both pre-recorded and live structured video interviews. The company was founded on the belief that the hiring process could be made much better for both the employer and the candidate, and that smart technology could help employers make smart hiring decisions.
https://hrtechfeed.com/criteria-acquires-video-interviewing-platform-alcami-interactive/
Job site Indeed announced the launch of Indeed Hiring Platform, a new solution that allows employers to manage the hiring process – from posting through interview – directly on Indeed, with no additional software.
With Indeed Hiring Platform, employers can reach 80% of US job seekers through the combined networks of Indeed and its sister company Glassdoor. In one integrated experience, employers can automate the process of sourcing, screening and scheduling interviews with quality candidates into Indeed’s video interviewing technology, Indeed Interview.
“At Indeed, our mission is to help people get jobs, and this past year that mission has been more vital than ever,” said Chris Hyams, CEO of Indeed. “In response to the pandemic, last year we launched Indeed Interview to make it safe and effective for job seekers to interview over video. Now we’ve connected the dots from job search directly to interview, making hiring simpler, faster, and more human. Our vision is to make getting a job as easy as pushing a button, and Indeed Hiring Platform gets us one step closer.”
SeekOut, the AI-powered Talent 360 platform, today announced $65 million in Series B funding led by Tiger Global Management, with participation from existing investors Madrona Venture Group and Mayfield. This capital raise brings SeekOut’s total funding to $73 million and reflects 10X growth in the 21 months since the company’s Series A round, while still being profitable. This funding round values SeekOut at close to half a billion dollars.
With this Series B funding, SeekOut will continue to innovate and build the team to deliver more value to our customers. SeekOut will expand its Talent 360 platform to encompass internal and external talent – helping companies better retain employees, enable development & growth through internal mobility, and improve diversity and inclusion efforts. SeekOut will also invest in sales, marketing, and customer success to reach new customers.
“Talent acquisition professionals and hiring managers are looking to go beyond the outdated resume when they do a candidate search. They are seeking a deeper and broader view of skills, experiences, and diversity,” says Lisa Rowan, VP HR, talent, and learning research for IDC. “SeekOut’s Talent 360 solution offers a compelling set of capabilities that is supporting hiring organizations with a fresh, modern approach to candidate search.”
https://hrtechfeed.com/seekout-raises-65-million-in-series-b-funding/
ProvenBase is a new sourcing platform built solely to address the business need for diverse talent, is announcing their launch at Sourcecon Digital 2.0 on March 9th, 2021.
“ProvenBase’s unique approach ensures candidates are contacted based on their skills and experiences, which ensures under represented groups are not just part of a recruiter’s pipeline, but they are actually contacted.” said Ravi Tandra – ProvenBase Founder & CEO. “Our templates have been created by experts leveraging powerful analytics around diversity and candidate communication so users can see what their talent pool is comprised of and what messages and mediums are most effective.”
Learn more about ProvenBase’s Sourcing Technology at https://www.provenbase.com/
Jobandtalent – a workforce marketplace that matches workers with temporary roles – announced it secured a €100 million investment from SoftBank Vision Fund 2[1] via its Series D round. In addition, the company has secured €83 million in debt financing from BlackRock. This comes after Jobandtalent closed a successful €88 million round in December. The funding will accelerate Jobandtalent’s expansion into new markets, including the US, and the consolidation of its leadership position in existing territories.
Jobandtalent has developed technology to provide tailored matches between workers and companies in a range of sectors including logistics, e-commerce, warehousing, and manufacturing. As the marketplace grows, the technology is able to learn and make even better matches – meaning more workers in good jobs, and happy companies.
The goal is to make it easy for people to find regular, dependable work and have the security and perks typically associated with full time employment – including pensions, sick and holiday pay, health insurance in some markets, and training courses. Workers can apply for roles, submit paperwork, and sign contracts entirely within the Jobandtalent app. In the past year alone, more than 80,000 workers have used Jobandtalent to find temporary roles.
More than 850 companies – including XPO, Ceva Logistics, eBay, Ocado, Sainsbury’s, Bayer, and Santander – use the Jobandtalent platform to easily and efficiently match temporary roles with the right workers. Jobandtalent employs the workers directly and manages all of the back-end administrative processes including payroll, timesheets, and legal compliance. Through the platform, companies can monitor worker satisfaction, which helps reduce attrition, and follow metrics like absences or late arrivals.
https://hrtechfeed.com/madrid-based-jobandtalent-secures-e100m-for-expansion/
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