Rec Tech: the Recruiting Technology Podcast Headlines from Lattice, Jobvite, Jumpcrew and Competitive Wedge
Competitive Wedge, the video interviewing solution that helps recruiters make authentic connections with candidates, today announced details of its funding. The company completed the final tranche of its seed funding, bringing its total funding to $1 million raised to date.
With social distancing now the norm, recruiters and candidates are unlikely to have in-person interviews anytime soon. The use of video has been ranked as one of the top work communications tools that are helping businesses thrive during the pandemic. Since resumes were never adequate to convey a job candidate’s true capabilities – especially in the hourly workforce – Competitive Wedge enables them to share their enthusiasm, skills and know-how through its one-way video interviewing platform.
Wedge CEO, Matt Baxter, commented, “Wedge was designed with both the recruiter and candidate at the core. For recruiters, we streamline processes and reduce screening times. For candidates, they gain an anytime, any device job interviewing platform that enables them to use the communications medium they’re already familiar with – video – to express their interest in the open requisition and company.”
Founded in 2015 by serial entrepreneur Matt Baxter, Competitive Wedge’s primary solution is Wedge, the one-way recorded video assessment that enables candidates to show their true selves. For more information, visit https://competitivewedge.com/
https://hrtechfeed.com/video-interviewing-solution-raises-1-million/
NASHVILLE, Tenn., July 8, 2020 /PRNewswire/ –JumpCrew, the leading B2B outsourced sales and marketing solutions provider has launched salesabroad.com. This initiative will provide jobs for sales professionals who want to embrace the remote lifestyle.
JumpCrew has become the leading outsourced sales partner for venture-backed B2B startups and established brands. Their Satellite Sales offering is a turnkey, outsourced sales solution. Their clients get a dedicated team of sales reps, marketers, client success specialists, and operations support; focused on quickly generating revenue at scale.
“Building a platform to support a global remote workforce, of extremely talented salespeople, who suddenly have no job is a no brainer. JumpCrew is still agile enough to see this opportunity and launch a vehicle to leverage it,” says Lavall Chichester, CMO of JumpCrew. “Salesabroad.com supports the increased global demand for outsourcing sales and allows us to help salespeople support their families.”
https://hrtechfeed.com/jumpcrew-launches-salesabroad-com-to-build-a-global-remote-workforce/
INDIANAPOLIS, IN, (July 13, 2020) – Jobvite, the leading end-to-end talent acquisition suite, today announced that it has acquired the artificial intelligence (AI) and data science team at Predictive Partner. Morgan Llewellyn, CEO of Predictive Partner, will serve as Jobvite’s Chief Data Scientist and oversee a team leveraging AI through automation, predictive analytics, data science, machine learning, natural language processing, and optical character recognition.
“As the first provider to introduce both machine vision to generate ‘Magic Resumes’ and candidate de-identification technology to reduce screening bias in chat transcripts, we understand the potential AI holds for talent acquisition professionals,” said Aman Brar, CEO of Jobvite. “The addition of Morgan and the Predictive Partner team to our ranks will help our customers derive even more value from the Jobvite Talent Acquisition Suite. By weaving native AI into all aspects of our software, we will deliver more than mere features—we will deliver the future of smart automation, intelligent messaging, candidate matching, and data-driven hiring decisions for talent organizations of all sizes.”
Coinciding with the acquisition, Jobvite has also announced the launch of enhanced candidate engagement scoring and intelligent candidate matching capabilities. Enhanced candidate engagement scoring will help talent acquisition teams better gauge candidate interest through at-a-glance engagement metrics for every candidate. Intelligent candidate matching will enable recruiters to scale their efforts by reducing the time it takes to identify a qualified candidate from a large volume of candidates.
https://hrtechfeed.com/jobvite-acquires-predictive-partner-team-to-accelerate-ai-innovation/
SAN FRANCISCO, July 14, 2020 /PRNewswire/ — Lattice, the leading people management platform for businesses with people-first cultures, today announced that it has raised a $45 million Series D growth round of funding led by Tiger Global with participation from Frontline Ventures, Founders Fund, Khosla Ventures, Thrive Capital Partners, Fuel Capital, and Y Combinator. The new round of funding will accelerate Lattice’s focus on expanding offerings to better serve its global clients and continuing to scale its team to meet ambitious product goals.
Lattice launched in 2016 to enable people leaders to unlock insight into company culture through goal and OKR management. Since then, the company has built a suite of performance management products and engagement solutions that offer customers powerful, real-time analytics leading to actionable insights.
“2020 has been a year that’s proven how important it is to invest in your culture,” said Jack Altman, co-founder and CEO of Lattice. “We’re building Lattice to be a holistic people management platform that helps keep your employees engaged, growing, and highly effective. Company culture is forged during difficult times and we’ve seen an increase in companies turning to solutions to sustain and increase the employee experience in our new remote world.”
https://hrtechfeed.com/lattice-raises-45m-in-series-d-round/
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