HR technology vendors represent a maze of solutions, products and services. They also represent an investment magnet, based on venture capital data from 2013 through 2016, according to Workforce.
Workforce notes that venture capital funding and deal activity for HR technology firms in 2015 reached record highs, as HR tech firms landed $2.4 billion in 383 deals. That follows similar high rates of investment in 2013 and 2014 alike, Workforce reports.