All the TA Tech News You Need to Read
Betts Recruiting Launches Online Platform to Match Companies With Talented People
Betts Recruiting, the leading job recruiting firm for sales, marketing, and people operations roles for tech companies, has announced the launch of Betts Connect, an online platform matching talented professionals on the job market with innovative companies looking to grow their staff. The platform enables job candidates to create a profile and curate it with essential information for hiring managers, including target salary, notable accomplishments, preferred role and location and more. Hiring managers can then easily search for the candidates they need to fill their open headcount and contact those candidates directly.
Google’s jobs search draws antitrust complaints from rivals
Google’s fast-growing tool for searching job listings has been a boon for employers and job boards starving for candidates, but several rival job-finding services contend anti-competitive behavior has fueled its rise and cost them users and profits. In a letter to be sent to European Union competition commissioner Margrethe Vestager on Tuesday and seen by Reuters, 23 job search websites in Europe called on her to temporarily order Google to stop playing unfairly while she investigates. Vestager, who has been examining job search on Google, leaves office Oct. 31. But a person familiar with the review told Reuters that Vestager is preparing an “intensive” handover so that her successor does not drop it. Lack of action could spur Tuesday’s signatories, which include British site Best Jobs Online to German peers Intermedia and Jobindex, to follow with formal complaints against Google to Vestager, a person familiar with the matter said. Berlin-based StepStone GmbH, which operates 30 job websites globally, and another German search service already have taken that step, another person said.
LinkedIn Launches Audience Segments With Five Partners
LinkedIn announced a new targeting category to the LinkedIn Partner Program. Based on data released earlier this year from Pew Research Center, the Microsoft company could be hitting the mark. The Partner Program aims to help marketers identify the best target groups from the site’s 645 million members. Amobee, Annalect, Hootsuite, Ogilvy, and Sprinklr now have signed on as partners. Each will be integrated with the LinkedIn Audience Engagement API to enable customers and clients to discover new audiences. It also should help them better understand the types of content those audiences engage with and see how the content performs against industry benchmarks.
Nomad Health Raises $34M in Funding
Nomad Health, a NYC-based online marketplace for healthcare jobs, raised $34 million in new equity and debt financing. The round was led by Icon Ventures, with participation from Polaris Partners, RRE Ventures, .406 Ventures, and Silicon Valley Bank. In conjunction with the funding, Icon Ventures General Partner Tom Mawhinney has joined Nomad Health’s Board of Directors. The company plans to use the new funding to double the size of its staff, expand its footprint and continue to enhance its technology platform. Led by Alexi Nazem, M.D., Co-Founder and CEO, Nomad has built a technology platform for placing nurses and doctors into freelance jobs to address critical clinician shortages across the United States. The platform now hosts jobs from over 4,000 healthcare facilities across the country, including positions at many of the top-rated hospitals in the country.
Streetwise Reports Examines Small-Cap Using AI That Aims to Become the ‘Uber of Recruiting’
Recruiter.com Group Inc. (RCRT:OTCQB) reported in July that more than 10,000 recruiters have joined the platform, in specialties that include information technology, sales, engineering, healthcare and human resources. Recruiter.com has partnered with several companies to offer artificial intelligence (AI) tools. In May, the company inked an agreement with Genesys Talent to use its MatchList technology to “accelerate recruiting efforts and support its network of independent recruiters.” That development was followed in June with an agreement with Pocket Recruiter, which has an AI-based tool that “drastically reduces the time it takes to screen, source and evaluate candidates.”
Upward.net Acquires Proven, Expands Into SMB market
Upward.net, a leading job site headquartered in Newark, CA, announced today that it has acquired Proven, expanding their offering to serve small and medium businesses in the U.S. Proven is a job site focused on small businesses. It was started in 2009 by Pablo Fuentes, Joe Mellin and Sean Falconer while they were graduate students at Stanford. Over the past decade, Proven has worked with thousands of small businesses and has helped hundreds of thousands of candidates find work.
Venture Capital Funding Frenzy Over HR Technology on Record Pace
Venture capitalists’ love affair with HR tech firms is on track to break records as they dole out millions of dollars to entrepreneurs who promise to transform the human resources landscape. According to HRWins by LaRocque LLC, venture firms invested $1.741 billion in HR tech companies in the first quarter of 2019 and $1.448 billion in the second quarter. The first quarter alone was “significantly more than any quarter in 2018, and $677 million more than we tracked in all of 2017,” according to LaRocque. And Jason Corsello, founder and general partner of Acadian Ventures, an early-stage venture capital firm specializing in the future of work, predicts that HR tech deals will hit $5 billion in 2019.