Another week, another acquisition. Reward Gateway acquired health startup Yomp last week, marking the second week in a row for interesting moves for HCM companies across the pond and the third week in a row for movement with overall employee engagement companies. HCM 2.0 is real, people.
The employee engagement world continued to shake up last week — this time across the pond. London-based WorkAngel and global HCM player Ceridian completed a joint venture agreement to create LifeWorks, a mobile employee engagement platform.
When Zenefits secured $500 million in funding last year, vendors lined up to drink from the champagne fountain. Most were charmed (with palms extended). But not The Starr Conspiracy. See this article from our own Steve Smith posted in May 2015 eerily predicting the events of Q1 2016: “5 Reasons Zenefits Will Be the Biggest Bust in SaaS History."
