Latest news with #HRtech
Geek Wire
9 hours ago
- Business
- Geek Wire
HR giant UKG acquires Seattle-based employee scheduling software company Shiftboard
GeekWire's startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter , and check out the GeekWire funding tracker and venture capital directory . Shiftboard CEO Sterling Wilson. (Shiftboard Photo) HR and payroll corporation UKG has acquired Shiftboard, a Seattle company that sells employee scheduling software. Terms of the deal were not disclosed. Founded in 2002, Shiftboard initially built employee shift management software for healthcare clients and later expanded across several industries and use cases. Shiftboard has more than 500 customers, including BASF, Bridgestone, Daisy Brand, and Shell. The company raised $11.5 million in 2018 and reeled in another $8 million in 2020 after merging with Vancouver, B.C.-based SchedulePro. Backers include NewRoad Capital Partners, Voyager Capital, Fortson VC, and others. Shiftboard has about 50 employees across the U.S. and Canada. The company is led by CEO Sterling Wilson, who joined in 2015. UKG, based in Massachusetts and Florida, serves two-thirds of the Fortune 1000 and more than 80,000 organizations worldwide. 'For hundreds of organizations navigating some of the most intensely regulated industries, Shiftboard's industry-leading employee scheduling engine has been a game changer, unlocking new levels of efficiency, flexibility, productivity, and employee engagement in sectors defined by rapidly changing production demands,' Rachel Barger, president of go-to-market at UKG, said in a statement.
Yahoo
3 days ago
- Business
- Yahoo
Atlantic International Corp. (ATLN) Launches AI-Powered Workforce Intelligence Platform via Lyneer
Atlantic International Corp. (NASDAQ:ATLN) has launched a groundbreaking conversational AI platform through its subsidiary Lyneer Staffing Solutions, aiming to transform how organizations access and utilize workforce intelligence. Announced today, the subscription-based AI assistant offers hiring managers and HR professionals instant, real-time access to compensation data, benefits insights, cost-of-living adjustments, and career progression forecasts, all through a user-friendly conversational interface. The platform integrates job market data from multiple sources and regional economic indicators, enabling users to make informed hiring and compensation decisions with unprecedented speed and accuracy. Lyneer CEO Todd McNulty emphasized the platform's mission to democratize workforce intelligence, ensuring organizations of all sizes can leverage advanced analytics for smarter hiring. Atlantic International Corp. (NASDAQ:ATLN)'s CEO, Jeffrey Jagid, highlighted the flexibility of the subscription model, which allows clients to scale their access and benefit from continuous updates and enhancements. This launch marks a significant milestone in Atlantic International Corp. (NASDAQ:ATLN)'s expansion into AI-powered HR solutions, positioning the company at the forefront of technology-driven workforce management. The new platform is now available to subscribers, promising to reshape how businesses approach talent acquisition and compensation strategy in an increasingly competitive labor market. While we acknowledge the potential of ATLN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ATLN and that has 100x upside potential, check out our report about this READ NEXT: and Disclosure: None.
Entrepreneur
20-05-2025
- Business
- Entrepreneur
Rippling Doubles Down on India with Second Office in Bengaluru
Rippling, which currently employs around 1,000 people in India, aims to double its local workforce to 2,000 over the next three years. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Global HRtech major Rippling has expanded its footprint in India by opening a second office in Bengaluru, underscoring the country's strategic importance to the company's growth. The move comes on the heels of its massive USD 450 million Series G funding round, which pegged its valuation at USD 16.8 billion. The new 100,000-square-foot facility, located at Embassy Tech Village, will house engineering, product, sales, and customer support teams. Rippling, which currently employs around 1,000 people in India, aims to double its local workforce to 2,000 over the next three years. "Bangalore has always been a superpower for Rippling," said Matt MacInnis, Chief Operating Officer. "We grew from 450 employees last year to over 1,000 today, and we're continuing to scale rapidly. We take on some of our most important product work here, and we intend to keep expanding the autonomy and scope of this team." Founded in 2016 by Parker Conrad and Indian-origin entrepreneur Prasanna Shankar, Rippling offers an all-in-one platform that integrates HR, IT, and finance functions—streamlining operations like payroll, expenses, benefits, and device management. The company supports over 20,000 customers and boasts a growing portfolio of more than 20 products. Rippling has been steadily deepening its India presence since launching here in 2017. It has onboarded over 20 former founders and entrepreneurs, including Ajay Chandra, former co-founder of Infibeam, and Nimish Bhonsale, ex-co-founder of Elda Health. In 2024, the company appointed former Walmart executive Mrinal Chatterjee as its Country Head. With annual recurring revenue surpassing USD 100 million, Rippling is betting big on India not just as a talent hub but as a key driver of innovation and global product development. The company's robust investor lineup includes Y Combinator, Sands Capital, GIC, Goldman Sachs Growth, Coatue, Greenoaks, Founders Fund, Elad Gil, and Dragoneer—signaling strong confidence in Rippling's vision to redefine workforce management worldwide.
Yahoo
19-05-2025
- Business
- Yahoo
Deel wants Rippling to hand over any agreements involving paying the alleged spy
Deel has lobbed a new volley in the ongoing legal battle with rival HR tech startup Rippling. Deel filed a motion, containing a series of letters, asking the Irish court to make Rippling hand over information. In one letter, Deel wants unredacted versions of witness affidavits, including the famed one by former Rippling employee, Keith O'Brien. In a story full of plot twists that reads like a movie, O'Brien admitted in an Irish court to being a spy for Deel, according to the affidavit released by Rippling. Rippling filed a lawsuit against Deel in March that alleges misappropriation of trade secrets, tortious interference, unfair competition, and more, largely based on the spying allegations. Deel has since countersued, attempting to get Rippling's suit dismissed on a series of issues like jurisdiction, but also making its own allegations about Rippling. Deel alleges, for instance, that Rippling was also attempting to spy on Deel. In the letters publicly released Monday, Deel is pointing to an affidavit from Rippling employee, Vanessa Wu, formerly Rippling's general counsel. Much of the affidavit recounted what Wu recalled of alleged spy-related happenings and her take on various letters sent between the two sides' lawyers. But Deel points out Wu also testified that Rippling fired O'Brien and paid him a termination fee in exchange for him signing an agreement not to sue. Wu also testified, the affidavit said, that Rippling entered into a second agreement with O'Brien where Rippling 'agreed to contribute towards Mr. O'Brien's costs of these proceedings and to pay his reasonable out of pocket and legal expenses in connection with the cooperation to be provided under that agreement.' Deel wants a court to make Rippling turn over full unredacted versions of both of those agreements. It wants to tell anyone who will listen how unusual it is that an employee fired for cause winds up back on a company's payroll as a paid witness. Needless to say, both sides vehemently proclaim their own innocence while pointing fingers at the other. We'll have to wait and see what the court rules, but if it does make more of O'Brien's testimony and those termination agreements publicly available, we'll be reading. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TechCrunch
19-05-2025
- Business
- TechCrunch
Deel wants Rippling to hand over any agreements involving paying the alleged spy
Deel has lobbed a new volley in the ongoing legal battle with rival HR tech startup Rippling. Deel filed a motion, containing a series of letters, asking the Irish court to make Rippling hand over information. In one letter, Deel wants unredacted versions of witness affidavits, including the famed one by former Rippling employee, Keith O'Brien. In a story full of plot twists that reads like a movie, O'Brien admitted in an Irish court to being a spy for Deel, according to the affidavit released by Rippling. Rippling filed a lawsuit against Deel in March that alleges misappropriation of trade secrets, tortious interference, unfair competition, and more, largely based on the spying allegations. Deel has since countersued, attempting to get Rippling's suit dismissed on a series of issues like jurisdiction, but also making its own allegations about Rippling. Deel alleges, for instance, that Rippling was also attempting to spy on Deel. In the letters publicly released Monday, Deel is pointing to an affidavit from Rippling employee, Vanessa Wu, formerly Rippling's general counsel. Much of the affidavit recounted what Wu recalled of alleged spy-related happenings and her take on various letters sent between the two sides' lawyers. But Deel points out Wu also testified that Rippling fired O'Brien and paid him a termination fee in exchange for him signing an agreement not to sue. Wu also testified, the affidavit said, that Rippling entered into a second agreement with O'Brien where Rippling 'agreed to contribute towards Mr. O'Brien's costs of these proceedings and to pay his reasonable out of pocket and legal expenses in connection with the cooperation to be provided under that agreement.' Deel wants a court to make Rippling turn over full unredacted versions of both of those agreements. It wants to tell anyone who will listen how unusual it is that an employee fired for cause winds up back on a company's payroll as a paid witness. Techcrunch event Join us at TechCrunch Sessions: AI Secure your spot for our leading AI industry event with speakers from OpenAI, Anthropic, and Cohere. For a limited time, tickets are just $292 for an entire day of expert talks, workshops, and potent networking. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | REGISTER NOW Needless to say, both sides vehemently proclaim their own innocence while pointing fingers at the other. We'll have to wait and see what the court rules, but if it does make more of O'Brien's testimony and those termination agreements publicly available, we'll be reading.
