In the first HR merger of the new year, Peopleclick and Authoria are combining to create a new company that will integrate the offerings of both companies into a comprehensive talent acquisition and management software suite. The merger was announced this morning by Bedford Funding , a private equity fund specializing in IT services and software.
What do you suppose ZoomInfo is up to? The company launched Fresh Contacts a month ago offering participants two months free access to the ZoomInfo database just for uploading their personal contacts. Upload one or one thousand contacts, it’s all the same – two months’ access to the 45 million contacts and 5 million company profiles ZoomInfo claims. Without a doubt, it’s a shot over the bow of competitor Jigsaw , which built its leads business on an early faith in crowdsourcing
With the recruiting industry stuck deep in the recession rut, it’s no surprise that companies are looking to diversify. The RightThing, an RPO, acquired AIRS, a technology and training firm, in 2008. About the same time, CareerBuilder launched Personified, a recruitment consulting and outsourcing business. Two months ago, recruitment technology vendor Taleo acquired Worldwide Compensation, a comp management technology and services provider. The oddest diversification, though, has to be TalentHook’s launch of a directory of, ahem, gentlemen’s clubs and their entertainers
Financially battered Workstream has changed leadership again, bringing back its co-founder and board chairman Michael Mullarkey as chief executive officer. He replaces Steve Purello, whose resignation was announced this morning. Purello’s departure marks the third change in the CEO office since Mullarkey left the job in 2006
RiseSmart , a self-described disruptor of the “the $3 billion-plus corporate outplacement market,” announced this morning that it got a $4.6 million infusion of venture capital. Norwest Venture Partners , a $3 million participant in an earlier round of financing, put in $1.8 million. The balance of $2.8 million came from new investor Storm Ventures
Making the news this week are announcements from Jigsaw about an overhaul of its forums to bring them into the world of Web 2.0, a coup for outplacement upstart RiseSmart, and some good news for CEOs. JIGSAW The business intelligence and sourcing site has upgraded its community forum, giving it a cleaner look and implementing such to-be-expected features as tagging and contributor ratings. Tags are especially welcome, given that forum posts aren’t easily searched. No one is going to mistake the new community platform as avant garde; think of it as functional, especially so if it adopts the name “The Corner,” which is beating out “Puzzleville” in the name voting
Two early stage recruitment tech firms — EnticeLabs and HireVue , both based in Utah — reported this morning that they’ve received investment dollars to finance their growth. EnticeLabs, whose first product is an online advertising platform, got an infusion of $2 million from a group of investors lead by First Advantage . The company says the money “will be used to accelerate system development, accommodate higher-than-anticipated sales, and build out the infrastructure warranted by the rapidly expanding client base.” It also gained the expertise of former Monster VP Neal Bruce, who joins its board of directors.