RecTech Insider for July 2017

Want to know whats new in recruiting technology? Our monthly RecTech Insider column is out with headlines from the past 30 days. Look for it on the first week of each month. Learn what’s happened in online recruiting.

For past issues click here.

rectech insider

THE HEADLINES

  • On-demand IT provider Sitehands secures $25 million from FTV CapitalOn-demand IT provider. Based in NYC.  [LINK]
  • The Muse acquired Brand Amper. Congrats to Jason Seiden and team on a successful exit. [LINK]
  • Yello, the leading talent acquisition software company, today announced the close of a $31 million series C funding round, led by JMI Equity with participation from previous investor, First Analysis. Yello will use the new funds to accelerate the growth of its talent acquisition platform. [LINK]
  • Headstart wants to better analyze candidates to fit them with the best jobs. [LINK]
  • Sense raises $10 million to improve communication with independent contractors. [LINK]
  • Textio gets $20 million in funding. As people write in Textio, the system will score their work on a 100 point scale. If their writing scores above a 90, they’re promised better outcomes when it comes to the qualification level of applicants and the speed at which they can hire someone. [LINK]
  • JobTeaser Raises $16.9 Million in Funding. The Paris based recruitment platform is hooked into 200+ European universities and plans international expansion.  [LINK]
  • Beyond, The Career Network, Reinvents Itself as Nexxt in order to changes its perception as just a job board. Will the new name work? It’s easier to spell Beyond. [LINK]
  • Freelance Management Company Shortlist Helps Businesses Adapt to Growing Gig Economy. [LINK]
  • Entelo raises 20 million and will step up it’s A.I technology with the new capital. [LINK]
  • CareerBuilder officially sells. Valued at slightly more than what Monster sold for. [LINK]
  • Talla, maker of bots that answer HR and IT questions and help employees complete tasks, has raised $8.3 million to expand its operations and better understand words used by humans. [LINK]
  • Career site Workey raises $8M to replace headhunters witartificial intelligence. Based in Israel. [LINK]
  • Recruitment platform Clustree raises $7.9M Series A led by Creandum with participation from Idinvest Partners and Alven Capital; the France-based startup offers an AI-powered service that matches job seekers to recruiters; raised more than $11.5M to date. [LINK]
  • PayPal Founders Back Kalo (Formerly Lystable). An ex-Googler Gets Backing of Silicon Valley Investors Thiel, Levchin to Build ‘the World’s Most Badass Recruitment Engine’. Pete Johnston, formerly a Google designer, aims to change that with the newly renamed Kalo. Johnston believes his startup is better able to tackle the unique concerns of the freelance labor market than LinkedIn. [LINK]
  • Peerfit raises 2.3 million in funding. Based in Tampa Florida, they are a digital platform for employee health benefits [LINK]

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