Rec Tech: the Recruiting Technology Podcast

Beamery Makes it Rain, Linkedin Gets Reprieve in Court


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The U.S. Supreme Court has given LinkedIn another chance in its legal fight to stop HR technology firm HiQ Labs from scraping LinkedIn user data against the company’s demands. 

The nation’s highest court this week issued a writ of certiorari, noting it may hear the case, but telling the appeals court to first redo its earlier decision in favor of HiQ. The court told the U.S. Court of Appeals for the 9th Circuit to retry the case in light of a recent Supreme Court ruling in a similar case.

HiQ Labs, founded in 2012 in Silicon Valley, scrapes publicly available data, including LinkedIn member updates, and analyzes it to predict when workers are likely to quit their jobs. It then sells its conclusions to employers. 

https://aimgroup.com/2021/06/15/top-court-gives-linkedin-another-chance-in-hiq-scraping-case/

 Beamery is the latest company to enter the HR tech arms race, the company which calls itself a “talent operating system” that helps companies attract, engage and retain top talent, has announced US$138m in Series C funding led by the Ontario Teachers’ Pension Plan Board (Ontario Teachers’), through its Teachers’ Innovation Platform (TIP). 

The round follows a record year for the company, which finished with 337% annual revenue growth in Q4, and surpassed one million roles filled on its platform during 2020. 

This new investment will fuel extensive product development, accelerate commercial growth in existing and new geographies, double its rapidly growing employee base, and solidify Beamery’s leadership position in the talent space.

https://hrtechfeed.com/beamery-raises-138m-hr-tech-arms-race-continues/

Gloat, pioneers of the Talent Marketplace platform that is reinventing work and careers in global enterprises, announced a $57M Series C funding round led by Accel, with participation from existing investors Eight Roads Ventures, Intel Capital, Magma Venture Partners, and PICO Partners. 

With total funding of $92M, the company will accelerate product innovation and market expansion as it aims to bring workforce agility to every enterprise and more dynamic careers to every individual.

https://hrtechfeed.com/gloat-raises-57m-for-internal-mobility-platform/

Candidate.co, a new way for people to connect their personal and professional networks with great jobs while earning money launches out of beta today. For “superconnectors” — people with networks of talented friends and peers — Candidate.co offers the best way to connect them with the right job, and pays between $2,400 – $6,000 for each successful match.

For employers, Candidate.co helps them build a network of referrers outside of their own employees and alumni, increasing their reach and gaining access to new pools of talent. 

The startup has secured $4M in seed funding from prominent investors and offers remote positions nationwide and in-office roles in Seattle, San Francisco, New York City and Los Angeles

https://hrtechfeed.com/referral-platform-candidate-co-raises-4-million-in-funding/

 Sense, the AI-driven talent engagement and communication platform solutions for recruiting, today announced $16 million in Series C funding. Bringing the total funding amount to $40 million to date, this latest round will accelerate innovation and development of the company’s AI-powered talent communication and engagement suite. 

Sense offers a singular engagement platform powered by AI and machine learning. It enables personalized communication across the entire talent lifecycle at scale, and also automates manual tasks for recruiters. Through this personalized approach, Sense customers experience on average; a 263% increase in candidates screened compared to a manual approach, reduced time to fill by 30-81% and up to 800 hours of recruiter time saved.

https://hrtechfeed.com/sense-secures-16-million-for-talent-engagement-platform/

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Rec Tech: the Recruiting Technology PodcastBy Chris Russell

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