Brief History of HR Tech Trends Technology Acquisitions

Brief History of HR Tech Trends Technology Acquisitions Recent History of Human Resources Technologies *Last updated as of August 9, 2016. I added the graphics you see from CB Insights and WSJ to illustrate the growth weve seen in the space.  Learn more about the HR technology industry by purchasing, Jessicas book, The HR Technology Field Guide. Click here to buy.   Recent History of Human Resources Technologies The market is ripe for HR technology.  Companies are expected to spend an upwards of $15 billion in 2015.  In short, its a great time to work, invest, consult, or write about HR Tech.  A couple weeks ago, the news broke that Oracle made yet another purchase in human resources technology.  Thats where I got this idea to research and begin compiling this list.  There has been an awful lot of activity in the human resources technology  space, to say the least.  Our industry, specifically recruiting, talent management, and human capital when it comes to technology is a complicated and exciting place to be especially these last 36-48 months.  Doing a little research, I realized there wasnt a comprehensive list available on the Internet for the recent history of human resources technologies, more specifically HR Tech.  So I thought I should put together a list of human resources technology trends and acquisitions in our space.  The current list goes back until 2004. The above graphic from CB Insights demonstrates the funding growth we have seen over the last years in the HR technology industry. As companies are investing more in HR and recruitment technologies so too are hedge funds and venture firms who recognize a great opportunity when they see it. This graphic below, shows investment levels going back as far as 1998. You can really see the growth, change and the ebbs and flows of the larger economic marketplace. Keep in mind this graphic only shows the first half of Q1 where the above graphic includes all investments for 2015. .ai-rotate {position: relative;} .ai-rotate-hidden {visibility: hidden;} .ai-rotate-hidden-2 {position: absolute; top: 0; left: 0; width: 100%; height: 100%;} .ai-list-data, .ai-ip-data, .ai-fallback, .ai-list-block {visibility: hidden; position: absolute; width: 50%; height: 1px; z-index: -9999;} Company Acquisitions in Human Capital, HR, Talent Management This list isnt perfect.  Its a working document that depends on you.  Is there something, meaning an acquisition, merger, VC funding, or IPO that I missed?  Feel free to add to the discussion and leave a comment below.  Ill verify your information and add it to the living document outlining the history and trends of human resources technologies when it comes to mergers,  acquisitions and funding. (This list starts with the most recent year and moves backward broken down month by month.)   2016 January   Sterling Background Check merges with TalentWise Kronos acquires Empower Software Solutions for undisclosed amount TrueBlue from PeopleScout acquires RPO Business from Aon Hewitt Salary.com acquired by IBM founding team for undisclosed amount Smashfly secures $22 million in Series B funding led by  Bessemer Venture Partners Questis closes $2.1 million Angel round Talent Rover raises $2.2 million in undisclosed round February   SnagaJob secures $100 million led by  Rho Acceleration and NewSpring Capital Handshake raises $10 million in Series A led by  Kleiner Perkins Caufield Byers PrismHR acquires Summit Software for undisclosed amount Instant Financial raises  $1.2 million in Seed funding Namely raises $30 million in Series C funding led by Sequoia Captain401 raises $3.5 million in funding led by SoftTech VC May .ai-rotate {position: relative;} .ai-rotate-hidden {visibility: hidden;} .ai-rotate-hidden-2 {position: absolute; top: 0; left: 0; width: 100%; height: 100%;} .ai-list-data, .ai-ip-data, .ai-fallback, .ai-list-block {visibility: hidden; position: absolute; width: 50%; height: 1px; z-index: -9999;} Entelo raises $12 million in Series B led by Shasta Ventures Convene raises an additional $20 million in Series B  led by  Brookfield Property Group and Arrowpoint Partners. The full amount of the Series B raises to $35 million. Take the Interview secures $5 million in Series B funding led by  3TS Capital Partners June LinkedIn acquired by Microsoft for $26.2 Billion Monster acquires Jobr for undisclosed amount Sterling Background Check acquires  RISQ for an undisclosed amount The Muse raises $16 million in Series B funding led by Icon Ventures JobsandTalent raises $42 million in Series B funding led by  VC firm Atomico July   Microsoft acquires LinkedIn for $26.2 billion Point Drive acquired by LinkedIn for undisclosed amount August Randstadt acquires Monster for $429 million 2015 January   Glassdoor raises $70 million in funding led by Tiger Global and Google Capital Apploi raises $7 million Series A funding led by  Mistral Equity Partners,  Simon Jacobs and Laurel Touby Ascentis raises $7 million in Series C funding led by Catalyst Investors February   Parklet.co raises $1.5 million in seed funding led by Storm Ventures March   GuideSpark raises $22.2 million in Series C funding led by  Meritech Capital Partners Namely raises $11 million in Series A funding led by Matrix Partners CultureAmp raises $6.3 million in Series A funding led by Felicis Ventures April   LinkedIn acquires Lyndia.com for $1.5 billion meQuilibrium raises $9 million Series B led by Safeguard Scientifics untapt raises $3 million in Series A led by Tsai Ventures Readypulse raises $5 million in Series A led by Venture Capital Firm  Campus Job  has raised a $7.8 million Series A round of funding led by General Catalyst Partners. May Recruiter.com raises $350,000 in Seed round OnboardIQ Raises $1.65M To Streamline The Hiring Process JobandTalent Raises an additional $25 million in Series A Funding HireVue raises $45 million from Technology CrossOver Ventures June NamelyHR raises $45 million in Series C funding led by Sequoia Vettery raises $1.7 million in Seed Round Connectifier raises $6 million in Series A funding led by True Ventures July CharityVillage acquires TalentEgg for undisclosed amount HackerRank received a $7.5 million strategic investment from Recruit Holdings‘ HR Technology Fund August Greenhouse raises $35 million in Series C funding led by Thrive Capital September   Rivs acquires Async Interview for undisclosed amount CEB to acquire Wanted Technologies for undisclosed amount CorTech acquired by RecruitPro for undisclosed amount Korn Ferry to acquire Hay Group for $252 million Randstadt acquires RiseSmart for undisclosed amount Simppler raises $1.2 million in Seed round  led by  Greylock Partners, Correlation Ventures, and zParks Capital PeopleDoc raises $28 million in Series C led by Eurazeo Workplace Answers acquires Click 4 Compliance for undisclosed amount Mercer acquires Comptryx for undisclosed amount BG Staffing acquires Vision Technology Services   Tripleyite raises $3 million in funding Interviewed raises $2 million in Seed funding  with funding from  YC, SV Angel, Red Swan Ventures, and Jason Calacanis Mercer, Allegis Group, and Mitchell Martin Co-Invest in Talent Tech Labs Lytmus raises $7.2 million in Series A from NEA and Accel October Move Guides raises $15.6 million in Series B funding led by  New Enterprise Associates (NEA) and Notion Capital 2014 January OpenSesame lands $8 million in Series A funding led by Partech Ventures HireVue acquires ReSchedge for undisclosed sum Zenifits secures series A funding of $15 million led by Andreessen Horowitz Infor acquires PeopleAnswers for undisclosed amount February RiseSmart secures $11 million in Series B from Northwest Venture Partners Distill acquired by Yahoo for undisclosed amount Monster.com acquries TalentBin for an undisclosed amount Monster.com acquires Gozaik for an undisclosed amount Workday acquires Identified for a yet to be disclosed amount Smarterer raises $1.6 million in funding. Total raised $4.6 million ZenPayroll raises $20 million in Series B  funding from General Catalyst Partners and Kleiner Perkins Caufield Byers Bright acquired by LinkedIn for $120 million March Yahoo purchases Vizify for a yet to be disclosed amount Starr Conspiracy acquires LaRocoque Inc InfluenceHR for an undisclosed amount SAP acquires Fieldglass, a contract workforce software for an undisclosed amount Tri-Net goes IPO at $16/share CastLight Health goes IPO at $40/share GuideSpark raises $15 million in Series B led by NEA Ian Martin acquires Fitzii for undisclosed amount April Warburg Pincus acquires PayScale for $100 million Work4Labs secures $51 million in Series B led by Serena Capital and Matrix Partners Paycom goes IPO at $15 a share Qualtrics secures $150 million Series B funding led by  Sequoia Capital, Accel Partners, and Insight Venture Partners CrossKnowledge acquired by Wiley for $175 million in cash Liepin.com raises a $70M Series C round led by Warburg Pincus and Matrix Doximity raises $54 million in Series C led by DFJ May   Gild raises $13.7 million in Series B funding led by Menlo Ventures Jobsite acquired by StepStone for $135 million Youearnedit raises $1.5 million in seed funding June   HackerRank raises $9.2 million in Series B funding led by Khosla Ventures and Battery Ventures Zenifits raises $66 million in Series B funding led by Andreeessen Horowitz Indeed buys MoBolt for undisclosed amount Smashfly raises $9 million in Series A funding led by OpenView Venture Partners July   Jobsandtalent raises $14 million in Series A funding led by Qualitas Equity Partners,  Kibo Ventures, FJME Ventures  and  business angels Pelayo Cortina Koplowitz  and  Nicolas Luca de Tena LinkedIn acquires Newsle for undisclosed amount ZipRecruiter secures $63 million in Series A funding led by IVP Greenhouse raises $7.5 million to close Series A funding round. Led by Resolute Ventures and Felicis Ventures joined the round alongside Social+Capital Partnership.  (Earlier announcement raise of $2.7 million in November 2013) August Resumator raises $15 million Series A funding led by Volition Capital Hireology raises $10 million Series B funding led by Bain Capital Ventures Doctor on Demand raises $21 million in Series A led by Venrock Jobaline raises $7 million in Series B funding led by Trinity Equality Partners September SAP purchases Concur Technologies for $8.3 billion Workpop raises $7 million Series A funding led by Trinity Ventures BetterWorks (under new leadership) raises $15 million in Series A  led by  John Doerr and Bing Gordon of Kleiner Perkins Caulfield Byer. The prior BetterWorks shut its doors in October of 2012 Cornerstone on Demand acquires Evolv for $43 million October 1-Page goes public on the ASX exchange Move Guides raises $8.2 million in Series A led by  NEA and Notion Capital November 1-Page acquires BranchOut assets Pluralsight raises $135 million in Series B funding led by Insight Venture Partners Pluralsight acquired Smarterer for $75 million RecSoLu secures $6 million in Series A funding led by First Analysis NamelyHR secures $12 million in Series B funding led by Matrix Partners December TinyPulse raises $3.5 million in series A led by Baseline Maxwell Health raises $25.4 million in Series B  led by Adams Street Partners 2013 January   Bersin and Associates acquired by Deloitte for undisclosed amount InternMatch adds $1.2 million in VC funding GroupTalent snags $1 million in funding led by  Version One Ventures and Founders Co-op, with contribution from Menlo Ventures Pluralsight raises $27.5 million in Series A led by Insight Venture Partners to grow their technical education training company February Training company, Thinkful receives $1 million in seed funding   March PeopleMatter adds $19 million VC funding  from Scale Venture Partners  making their total fundraising total $47 million PeopleMatter acquires People Clues for an undisclosed amount ClearFit receives $7 million Series A funding April LinkedIn acquires Pulse for $90 million June InternMatch adds a total of $4 million to its Series A funding TalentWise snags $25 million from a Seattle based equity group Entelo receives $3.5 million in Series A funding from Battery Ventures and Menlo Ventures July   TalentBin raises $2 million in Series A funding led by LightBank Path.To, a job posting service announces closure of its company Venturerocket secures $700,000 in Series A funding led by Runa Capital Bullhorn announces acquisitions of TimeshEASY for undisclosed amount PeopleLink acquires The Agency Staffing for undisclosed amount Pinstripe merges with Ochre House for undisclosed amount August   Rivs receives $2 million in Series A funding SmartRecruiters receives $10 million in Series B funding led by Rembrant Venture Partners Pinstripe acquired by private equity firm Accel-KKR September HireVue receives $25 million  in Series D funding led by Sequoia Capital Distill Raises $1.3 million led by Felicias Ventures Jibe secures $4 million in credit from Silicon Valley Bank October NetSuite acquires TribeHR, creating the first integrated cloud ERP and HCM Suite for Small and Mid-Sized Businesses EmployBridge acquires Employment Plus Dice acquires GetTalent for undisclosed amount Greenhouse Software Inc. raises $2.7 million led by Resolute VC gatherDocs obtains $100,000 in early stage funding from Ben Franklin Technology Partners SL8Z raises $50,000 in CIT Gap Funds BountyJobs raises $4.51 million in series D funding led by Greylock Partners November Greenhouse raises $2.7 million led by the Social Capital Partnership Globoforce files for IPO TriNet files for IPO December Glassdoor.com obtains $50 million in Series C funding led by Tiger Global Management   Pymetrics, a recruiting gamification company obtains $2.5 million in funding from  Khosla Ventures and angel funders Oracle acquires Responsys for undisclosed amount 2012 January   iCims receives $35 Million in funding from Susquehanna Growth Equity GeHire.com raises $1.75 million in seed funding Smart Recruiters receives funding of $5 million by the Mayfield Fund Arbita closes its doors, and Broadbean Technology takes on its clients SAP acquires Datango for undisclosed sum Elance raises $16 million in funding from  Kleiner Perkins, NEA And The Stripes  Group February   Oracle Buys Taleo for $1.92 billion PeopleMatter  secures $14 million  in funding from  Morgenthaler Ventures TalentTech acquires HR Integrations LLC for an undisclosed amount Ceridian purchases Dayforce for undisclosed amount Kenexa Corporation acquires OutStart for $38.9 million EmployInsight secures $1 million in funding from  Founder Collective, Launch Capital, Sean Glass, Phil Bronner, Jarrod Yuster, David Cohen, Gus Fuldner and other angel investors Docebo, a cloud based LMS  raises $3 million in funding  led by    Principia SGR    Seeweb Sr March Deolitte acquires HR Technology Consultancy, Aggressor for unknown dollar amount Cornerstone OnDemand buys Sonar6 for $14 million Saba purchases HumanConcepts for undisclosed amount April ADP buys benefits administrator outsourcer, SHPS Evenbase acquires Jobrapido for $45 million StepStone acquires Totaljobs for undisclosed amount May SAP acquires Ariba for $4.3 billion BetterWorks shuts down SilkRoad secures $35 million in funding from Keating Capital and Net Finance LinkedIn purchases Slideshare for $118.8 million AllCountJobs purchased by Operations Inc. for undisclosed amount SilkRoad raises $35 million in series C funding from  Keating Capital and NTT Finance, as well as existing investors Intel Capital, Crosslink Capital, Foundation Capital, Azure Capital and Tenaya Capital Qualtrics secures $70 million in series A led by  Accel Partners and Sequoia Capital June Bullhorn Software  acquired by Vista Equity August IBM Buys Kenexa for $1.3 billion HireVue secures $22 million in funding  in Series C from Investor Growth Capital HireVue acquires CodeEval for an undisclosed amount September   iCims buys JobMagic for unknown dollar amount Oracle buys SelectMinds for unknown dollar amount WorkDay files for $400 million IPO   Work4Labs secures $11 million in funding from Matrix  Partners SkillSoft  purchases MindLeaders  for an undisclosed amount CareerBuilder purchases EMSI for an undisclosed amount Indeed purchased by Recruit Co. Ltd for undisclosed amount Dice.com purchases Slashdot for $20 million BountyJobs raises $5 million in series C funding led by Greylock Partners October Appirio acquires HCM consultancy Knowledge Infusion. Amount undisclosed Doogstand acquires JobFox for undisclosed amount Glassdoor raises additional $20 million from Benchmark Capital, Sutter Hill Ventures and Battery Ventures MyEdu raises $20 million in funding from  Bain Capital Ventures and its strategic investor, The University of Texas getTalent raises $2.6 million in funding led by Success Factors November One-Page Proposal raises $1.5 million in funding from  Blumberg Capital, TMT Investments, and angel investors Bullhorn acquires MaxHire Solutions  Amount undisclosed Bullhorn acquires Sendouts.  Amount undisclosed Baudville acquires service award company, hi5 Recognition for an undisclosed amount December   Beyond.com acquires Jobcircle.com for an undisclosed amount UpMo closes but no public announcement made  2011 January BetterWorks secures $2.5 in seed funding SumTotal Systems acquires GeoLearning for $110 million LinkedIn acquires CardMunch February Taleo acquires Cytivia for $11 million March SnagaJob secures $27 million in funding from August Capital April Career Arc Group acquires Tweet My Jobs for undisclosed amount People Click acquires Acquire Solutions Inc for $100 million Infor  buys Lawson Software  for $2 billion Success Factors buys Plateau for $290 million June The Corporate Executive Board Company acquires SHL for $600 million Taleo acquires Jobpartners for $38 million Identified snags $21 million Series B funding led by  VantagePoint Capital Partners July PayScale receives $7 million in funding led by SAP Ventures August BetterWorks secures  $8 million in funding  from Redpoint Ventures September Jibe secures $6 million in funding from  Draper Fisher Jurvetson  and  DFJ Gotham OpenSesame eLearning Marketplaces receives $2 million in funding from Harmony Investments Technomedia acquires Hodes iQ and partners with Bernard Hodes, part of Omnicom Group October ADP buys RightThing  for unknown amount SkillSoft buys ElementK for $110 million Lumeness (formerly StepStone Solutions) acquires Eadvantage Group November Kenexa purchases Batrus Hollweg International December   SAP buys SuccessFactors for $3.4 billion SuccessFactors buys Jobs2Web for $110 million SalesForce buys Rypple for undisclosed amount Talent Technology buys VisualCV.com for undisclosed amount 2010 February Berkshire Partners purchases SkillSoft for $1.2 billion SuccessFactors acquires Inform Business Impact for $40.5 million InternMatch raises $400,000 funding from 500 Startups. March HgCapital acquires StepStone Software Division for $146.6 million April Zapoint acquires Jobster for undisclosed amount from Recruiting.com May Success Factors buys Cube Tree for $50 million Court Square Capital acquires RWD Technologies software for $190 million August Automatic Data Processing acquires Workscape for $110 million Stepstone acquires Mr. Ted for undisclosed amount September Kenexa Buys Salary.com for $80 million Kenexa acquires Bernard Hodes Group for an unknown sum Fieldglass secures $220 million investment from Madison Dearborn SumTotal Systems buys Softscape for $65 million Taleo purchases Learn.com for $125 million InternMatch raises $500,000 in funding from  Netflix founder Marc Randolph, Roger Dickey, Angel Fund Social Leverage, 500 Startups and other investors October Lever raises $10 million in Series A led by Matrix Partners December Symphony Technology Group acquires First Advantage for $265 million Lawson acquires Enwisen for $75 million Paychex acquires SurePayroll for $115 million Automatic Data Processing acquires OneClickHR for $22.9 million 2009 February   PayScale receives $227,000 in venture round funding April Vista Equity Partners acquires SumTotal Systems for $120 million Workday secures $75 million in Series E funding led by Greylock Partners May Batrus Hollweg International purchases Clickable Software for an undisclosed amount Blackboard purchases Angel Learning for $95 million June Vertical Computer Systems purchases Priority Time Systems for $63 million Intuit buys PayCyle for $170 million Dice purchases AllHealthcareJobs.com for $3.75 million September Bedford Funding acquires Peopleclick for $97 million Taleo acquires Worldwide Compensation for $16 million Axel Springer AG purchases StepStone ASA for $141.9 million December PayScale receives $1.25 in venture round funding 2008 February AIRS  acquired by The Right Thing for undisclosed amount May Taleo Corporation purchases Vurv Technology for $128.8 million June Altegrity acquires HireRight for $148 million July Ebix acquires Acclamation Systems for $21.2 million Monster buys Trovix for $72.5 million September Bedford Funding buys Authoria for $57 million Standard Life PLC purchases Vebnet for $37.4 million October Broadbean Technology purchased by Daily Mail for a $37 million November SilkRoad acquires VTN Technologies for undisclosed amount 2007 March Taleo acquires Recruitforce.com for 3.9 million April Infor acquires Workbrain  for $227 million July Payscale receives $10.3 million in Series C funding December Administaff Acquires HRTools.com and Other Small Business Applications From KnowledgePoint 2006 October ADP acquires Virtual Edge for unknown amount December   StepStone Solutions acquires ExecuTRACK for undisclosed amount 2005 March Recruitmax Acquires InfoTechWorks to Link Comp to Performance Taleo acquires Recruitforce for undisclosed amount October SilkRoad acquires Human Asset Technologies for an undisclosed amount Payscale receives $7 million in Series B funding December Adminstaff  acquires HRTools.com 2004 May SilkRoad acquires OpenHire Software for undisclosed amount August Recruitmax Announces Acquisition of KnowledgePoint October PayScale receives $3.2 million in Series A funding   December Oracle acquires PeopleSoft for $10.3 billion Was there a human capital or HR technology acquisition, merger, or purchase I missed?  Leave a comment below and well add it to this living list.  Dont forget to checkout our HR Technology and Product Reviews.  We demo and give you the real skinny on great products in the HR and workplace space.