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RecTech: the Recruiting Technology Podcast


Apr 26, 2019

BROUGHT TO YOU BY HIRETUAL!

Phenom People has a released a major enhancement to it product suite this week;

Theyre calling it the Talent Experience Management (TXM) ...a methodology and platform that unifies technology and experience design to enhance the talent journey, turning interested candidates to thriving employees to enthusiastic brand advocates, while helping recruiters and management boost productivity and communicate seamlessly.

Talent Experience Management connects the four key experiences of Candidates, Recruiters, Employees, and Management. TXM helps: 

  • Candidates find the right job, where they will succeed for a long time
  • Recruiters be more productive, finding more quality candidates
  • Employees evolve into the best talent, enabling their careers to flourish
  • Management get the insights they need, allowing them to make smarter business decisions

I attended their analyst day and user conference in Philly this week and will be publishing some news and podcasts very soon.

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Eightfold.ai, the creator of the first Talent Intelligence Platform, announced it has added IVP to its growing list of investors in raising $28 million in a Series C financing.

The round, joined by Foundation Capital and Lightspeed Ventures who led previous funding rounds, brings Eightfold.ai’s total funding to $55 million, making it one of the most well-capitalized AI solutions for talent management.

Built by co-founders Ashutosh Garg and Varun Kacholia, distinguished engineers out of Google and Facebook, Eightfold.ai’s Talent Intelligence Platform empowers enterprises to solve the number one challenge facing chief executives and chief human resource officers today – hiring and retaining top talent. This new funding follows significant interest in Eightfold.ai’s patented artificial intelligence–based platform which has secured numerous new customers in four continents around the world since emerging from stealth mode one year ago.

From Fortune 500 companies to fast-growing technology companies, current customers include Conagra, AdRoll Group, Tata Communications and DigitalOcean. The Talent Intelligence Platform from Eightfold.ai is also available via a growing set of channel partners, including the SAP App Center, and integrates with major human resource information systems (HRIS) and applicant tracking systems (ATS).

https://recruitingheadlines.com/eightfold-ai-secures-28-million-in-series-c-funding-for-its-talent-intelligence-platform/

Last week a relatively unknown recruitment technology player called Zippia announced a significant round of funding that will help it continue to build a tool for job seekers in their quest for the ideal career pathway.

The San Mateo based company raised a Series A investment of $8.5 million led by e.ventures, with participation from existing shareholders including MHS Capital, NextView Ventures, and Correlation Ventures. This brings the startup’s total capital raised to $12 million since its founding in early 2015.

Zippia, uses machine learning and data aggregation to create its ‘career map’, which helps job seekers understand career pathways like never before. Zippia’s tools provide job seekers unique resources, creating a more complete understanding of job titles and career options.

Read my Q&a with them on the Recruiting Headlines blog.

https://recruitingheadlines.com/zippia-gets-8-million-to-help-people-plan-their-careers/

MINNEAPOLIS –CATS Software, a leading provider of recruiting software, has released the fifth major update to their applicant tracking system. This release focuses on improving recruiter productivity and enhancing communication with candidates and clients.

The CATS 5.0 rollout includes numerous features, like a meeting scheduler, SMS texting capabilities, and a new version of the sourcing browser extension, but the anchor point for CATS 5.0 is the complete UI overhaul.

“This is a major change in the UI. Most of our past updates have been a continuation of the same thematic elements. This is the first time in a decade where we are fundamentally reshaping, rebranding and recreating CATS from the ground up. That work and passion has culminated in this update—codenamed ‘Nala’—which is the leading edge of user interaction design.” – CATS President Tony Sternberg

Key Highlights:

  • Connect with candidates through SMS/marketing text messages
  • Seamlessly schedule meetings by sharing your calendar with candidates
  • Enable candidates to apply faster with a more efficient career portal
  • Increase your productivity in CATS with the sleek, modern UI

 

https://recruitingheadlines.com/cats-recruiting-software-releases-new-version/

announcing new partnerships with enterprise HR companies such as SAP SuccessFactors which will combine the ease and convenience of hiring tools with the expansive reach of Jobs on Facebook.

Now, employers can easily create job posts and manage applications through these applicant tracking systems. This lets businesses continue using the hiring tools they already use, and also access the expansive talent pool on Facebook. And applications from job seekers on Facebook will be sent directly to a partner's tool for a seamless review experience.

https://www.facebook.com/business/news/helping-businesses-hire-through-jobs-on-facebook