Talent cloud solution provider iCIMS acquired SkillSurvey, a skills verification and digital reference checking company, for an undisclosed sum. After the merger is complete, iCIMS’ more than 4,000 clients will have access to SkillSurvey’s offerings, which have served its 2,300-member client base. The companies currently share about 150 customers.
What does this acquisition mean for HR leaders? According to iCIMS CEO Steve Lucas, HR leaders can now automate the verification of candidate skills in a timely manner in order to bring on the right employees and reduce turnover with new hires.
“SkillSurvey takes the guesswork out of verifying skills and the qualifications of candidates,” he said in an email interview with HRE. “In addition to reference checking, SkillSurvey delivers innovation across the talent lifecycle, offering a unique way to build talent pipelines and source talent through references, while automating ongoing employee and manager feedback through post-hire surveying to improve retention.”
The acquisition allows iCIMS to continue its focus on delivering solutions to talent acquisition teams in a single platform. “This acquisition brings our customers greater automation to the hiring process—they can save time and money with skills verification and reference checking to improve the quality of hire,” Lucas said.
Customers of iCIMS and SkillSurvey will be able to integrate SkillSurvey’s reference-checking and credentialing solutions with the iCIMS ATS. Joint customers can move candidates through the hiring process quickly, predict new hire success and measure the sentiments of new employees.
“We know that HR leaders are hyper-focused on hiring talent with the right skills to future-ready their workforce and drive their business forward,” said Lucas. “We believe SkillSurvey’s solutions will be a game changer in addressing their pain points.”
People Moves
ADP President Maria Black will succeed CEO Carlos Rodriguez starting Jan. 1. Black will also serve as a director of the HCM company’s board. Rodriguez has been ADP’s CEO and a member of its board of directors since November 2011 and will serve as executive chair of the board starting next year. John P. Jones, the current chairman of the board, will assume an independent lead director role on the board on Jan. 1. “I am committed to fostering meaningful collaboration and empowering the great talent of our 60,000 associates, whose relentless focus on the success of our clients has reshaped HCM time and again by rethinking a better, more personalized world at work,” Black in a news release.
Merger
People analytics provider Visier acquired the assets of Boostrs, a skills mapping engine. By integrating Boostrs data into Visier, HR leaders will be able to collate and analyze the skills that current and future employees will need to develop their careers, per company claims. “Boostrs has built an incredibly powerful jobs and skills mapping engine that we’re excited to make available to our customers,” said Visier Co-founder and CEO Ryan Wong in a news release. “Adding Boostrs to Visier’s technology stack gives our customers an essential linkage for closing the gap between the skills they have and the skills they need to survive and thrive in changing market landscapes.”
Funding
High-tech recruitment marketplace Remotebase raised $2.1 million in fundraising in the same week that it launched Talently, its hiring tool aimed at software developers. The Series A fundraising brings the solution provider’s valuation to $65 million. Talently provides tech recruiters and hiring managers the chance to hire remote developer teams, thanks to its 60,000+ pre-vetted developer profiles, the company says. It also aims to help developers find top job opportunities. “Building and scaling our platform from just 11 engineers to now over 60,000+ within 2.5 years has truly been rewarding,” said Remotebase CEO Qasim Salam in a news release. “We want to democratize work and enable millions of individuals from emerging countries to have access to the best opportunities in the world.”
Learning app provider Pixaera raised $5.7 million to tailor its 3D gaming tools for the learning and development market. HR and L&D leaders will be able to access the company’s library of learning experiences inside Pixaera’s platform to build, deploy and measure immersive learning and skilling experiences at a global scale, per company claims. “I started to wonder why the gaming industry, being so sophisticated and technologically mature, had not considered building for the corporate and professional world,” said Pixaera CEO Mousa Yassin in a press statement. “Gamers willingly spend hundreds of hours developing their skills while in contrast, companies pay vast sums for online content that has to be forced onto their workforce and fails to truly deliver value.”
Registration is open for HRE‘s upcoming HR Tech Virtual Conference from Feb. 28 to March 2. Register here.
