---
title: "Recruiting Industry News Roundup from Recruiter.com: July 2021"
description: Recruiter.com acquires the Technology Solutions Division of Uncubed, plus more news from recruiting and talent acquisition industry.
image: https://blog.recruiter.com/hubfs/roundupjuly21.png
---

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## RECRUITER UPDATES

# Recruiting Industry News Roundup from Recruiter.com: July 2021

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# Recruiting Industry News Roundup from Recruiter.com: July 2021

 Jul 30, 2021 / by  [Matthew Kosinski](https://blog.recruiter.com/author/matthew-kosinski)

![Matthew Kosinski](https://blog.recruiter.com/hubfs/matt.jpg)

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Welcome to Recruiter Roundup, where we take a monthly look at the most exciting recruiting and HR industry news.

## **What's New at Recruiter.com**

- Recruiter.com acquired the Technology Solutions Division of recruitment technology company [Uncubed](https://pr.report/NsX5k9Zb), bringing the software and team behind Uncubed's talent community and candidate engagement platforms to Recruiter.com. The acquisition includes [Finalist](https://pr.report/zjfiR-SF), an online marketplace for sourcing and screening diverse early-professional software and data candidates, and Uncubed's job board technology and candidate engagement platform, which includes [Mediabistro](https://pr.report/N4elT5-B), the leading job board and professional community for media, content, and creative professionals. [Read more about the acquisition here](https://blog.recruiter.com/recruiter.com-acquires-uncubeds-technology-solutions-business).
- Recruiter.com also reached a new milestone:[more than 30,000 members in our on-demand recruiter network](https://blog.recruiter.com/recruiter.com-surpasses-30000-recruiters-in-its-on-demand-network). "With over 200 recruiters currently on assignment with our clients, we have seen rapid adoption of our on-demand model, which gives employers on-tap recruiters when they need help hiring," said Evan Sohn, CEO of Recruiter.com. "We look forward to continuing to increase our percentage of engaged and on-assignment recruiters as Recruiter.com grows its client base and opens new verticals."
- Xuan Smith, who joined Recruiter.com following the acquisition of Upsider.ai, [became the company's new Chief Technology Officer](https://blog.recruiter.com/recruiter.com-appoints-xuan-smith-as-chief-technology-officer) (CTO). Founder and former CTO Ashley Saddul moved into the role of Chief Web Officer. 

## **Recruiting Industry Investments / M&A Activity**

- Talent acquisition suite SmartRecruiters raises $110 million in Series E funding, hits $1.5 billion valuation. ([source](https://finance.yahoo.com/news/perceptyx-equips-hr-leaders-talent-130000262.html))
- Executive search firm ZRG acquires consulting and advisory firm Walking the Talk. ([source](https://huntscanlon.com/zrg-acquires-walking-the-talk/))
- AI-based interview scheduler and hiring experience solution GoodTime raises $9.5 million in Series A funding. ([source](https://www.finsmes.com/2021/06/goodtime-raises-9-5m-in-series-a-extension-funding.html))
- Human capital management technology firm isolved acquires predictive people analytics provider TrenData HR. ([source](https://www.prnewswire.com/news-releases/isolved-acquires-predictive-people-analytics-provider--trendata-hr-301332343.html))
- Kirby Bates Associates and Tyler & Company, two search firms focused on the healthcare sector, announce merger. ([source](https://huntscanlon.com/kirby-bates-associates-acquires-tyler-company/))
- Recruitment CRM Hireology acquires employee referral technology provider EmployUs. ([source](https://finance.yahoo.com/news/hireology-acquires-employee-referral-platform-133000571.html))
- Talent platform Instawork raises $60 million in Series C funding. ([source](https://huntscanlon.com/talent-platform-instawork-raises-60-million/))
- Provider of AI-enabled talent intelligence technology Censia raises $21 million in Series A funding. ([source](https://finance.yahoo.com/news/censia-raises-21m-series-funding-140700333.html))
- Inclusion-focused executive hiring platform AboveBoard raises $3 million in seed funding. ([source](https://huntscanlon.com/aboveboard-closes-3-million-in-funding/))
- Elysian Capital acquires executive search firm Eton Bridge Partners. ([source](https://huntscanlon.com/eton-bridge-acquired-by-elysian-capital/))
- AI technology and solutions firm Veritone acquires AI-enabled recruiting platform PandoLogic. ([source](https://finance.yahoo.com/news/veritone-acquire-pandologic-expanding-ai-110500240.html))
- Executive recruiting firm SRI acquires Marquee Search. ([source](https://huntscanlon.com/sri-acquires-marquee-search/))
- People analytics platform Perceptyx acquires employee feedback solution Waggl and culture management platform CultureIQ. ([source](https://finance.yahoo.com/news/perceptyx-equips-hr-leaders-talent-130000262.html))
- Sourcing platform WayUp merges with recruitment software company Yello. ([source](https://techcrunch.com/2021/07/13/wayup-merges-with-yello-to-diversify-recruitment/))
- HR tech startup TestGorilla raises $10 million in seed funding. ([source](https://siliconcanals.com/crowdfunding/testgorilla-raises-8-4m/))
- Jobs marketplace Frontier launches with a $2.8 million investment round. ([source](https://techcrunch.com/2021/07/09/frontier-launches-with-2-8m-round-by-nfx-to-let-low-skilled-job-candidates-book-their-own-interview/))
- Virtual staffing company Belay receives investment of undisclosed amount from private equity firm Tenex. ([source](https://www.finsmes.com/2021/07/belay-receives-investment-from-tenex.html))

## **Must-Read Reports**

- [Great Resignation](https://www.recruiter.com/i/the-great-resignation/) or not, the majority of U.S. employers plan to add new positions in the second half of 2021, according to Robert Half. ([source](https://www.roberthalf.com/blog/job-market/state-of-us-hiring-second-half-of-2021))
- Despite recent gains, the hospitality industry is still struggling. Nearly 500,000 of the jobs lost during the pandemic will not return before the year is up, according to a new report from the American Hotel & Lodging Association. ([source](https://www.hospitalitynet.org/news/4105543.html))
- Nearly half of unemployed job seekers say they can't find the right jobs in today's market. ([source](https://www.flexjobs.com/blog/post/job-seekers-frustrated-by-lack-of-opportunities/))

## **Company News**

- Talent solutions provider Aerotek is separating its three specialized business units into three independent operating companies: Aerotek, Aston Carter, and Actalent. ([source](https://www.aerotek.com/en/about-us/news-and-events/news/2021/07/aerotek-reshapes-the-future-of-work-separates-specialized-business-units-into-operating-companies-under-allegis-group))
- Career Club launches new career and networking application Career Club ONE. ([source](https://finance.yahoo.com/news/career-platform-accelerates-improves-job-123200022.html))
- Recruiting and talent development solutions provider Cappfinity expands to the U.S., launches new pre-interview assessment, Tempo. ([source](https://www.cappfinity.com/blog/2021/07/27/cappfinity-expands-to-the-us-and-launches-tempo-for-fast-and-fair-recruiting-amid-hiring-surge/))
- Eightfold AI and Checkr, Inc., partner to create comprehensive hiring platform. ([source](https://finance.yahoo.com/news/eightfold-ai-checkr-team-create-132300712.html))
- Freelancer management platform Stoke extends payroll and compliance solutions to international employees. ([source](https://finance.yahoo.com/news/stoke-extends-global-payroll-compliance-130000954.html))

## **Legal and Regulatory Updates**

- President Biden issues an Executive Order encouraging the Federal Trade Commission to regulate the use of non-compete clauses. While that doesn't mean non-compete clauses are outlawed just yet, the EO's repercussions remain to be seen. [Read more about what the EO might mean for private-sector employers](https://www.natlawreview.com/article/takeaways-president-biden-s-executive-order-non-competes). 

*Are you interested in having your company featured in this recruiting industry report? Send an email to our editor, matthew@recruiter.com, with your company's news or announcements. Our regular publication, RecruiterToday, also features thought leadership from recruiting and talent acquisition professionals and accepts content contributions.*

 Tags: [Company News](https://blog.recruiter.com/tag/company-news)

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