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  • American City Business Journals10 months ago

    HR tech firm snags $2 million, hopes to shake up market

    Smith founded VirtualEdge in 1998, and its legacy is still very present in gr8 People today. VirtualEdge, a software-as-a-service vendor, provided the enterprise software foundation enabling companies to optimize the flow of talent throughout the organization. ADP acquired VirtualEdge in 2006 for an undisclosed fee.

  • American City Business Journals10 months ago

    Kenexa founder lauds potential of young HR tech company in Philadelphia

    Phenom People, a human resources solutions provider based in Philadelphia, raised $6 million from Sierra Ventures this week, and it's getting praise from one of the region's most successful entrepreneurs ever. Rudy Karsan founded Kenexa, another employment solutions firm, in 1987, ultimately leading the company's initial public stock offering in 2005 and its $1.3 billion sale to IBM in 2012. Kenexa was the region's second-biggest exit ever.

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