SumTotal Systems

OceanSound Acquires Message Broadcast in Partnership with EIP

Retrieved on: 
Thursday, April 11, 2024
Technology, Finance, Utilities, Banking, Telecommunications, Professional Services, Software, Energy, Asset Management, Slate, Investment, Weather, Communication, Partnership, Kirkland & Ellis, Growth, Acquisition, SumTotal Systems, EIP, Pearson Education, API, Health

Message Broadcast (the “Company”), a leading provider of customer engagement software for the electric utility industry, today announced that OceanSound Partners (“OceanSound”), in partnership with Energy Impact Partners (“EIP”), has acquired the Company from LINK Mobility (OB:LINK).

Key Points: 
  • Message Broadcast (the “Company”), a leading provider of customer engagement software for the electric utility industry, today announced that OceanSound Partners (“OceanSound”), in partnership with Energy Impact Partners (“EIP”), has acquired the Company from LINK Mobility (OB:LINK).
  • Founded in 1998, Message Broadcast develops customer engagement software for utilities and other highly regulated industry sectors, including financial services, telecommunications, and healthcare.
  • “Message Broadcast addresses these increasing requirements with workflows that provide assurance during emergency power outages, which have immense public and regulatory scrutiny.
  • “We are delighted to welcome Maulik as the new CEO of Message Broadcast,” said Parin Shah, Principal at OceanSound.

WorkForce Software Announces New Executive Leadership Appointments After a Record-Breaking 2023

Retrieved on: 
Thursday, January 4, 2024
Data Management, Professional Services, Technology, Software, Human Resources, Cloud, Workforce, Work, Elliott Investment Management, Oracle, Executive, Software as a service, Head, Taleo, Human resource management, Innovation, HCM, Engineering, SumTotal Systems, Growth, Code42, Investment, Organization, Development, Pressure, Management

Post-pandemic, the workforce management software sector has experienced substantial growth, as large employers facing increased pressure to optimize their workforce to meet new strategic, regulatory and operational talent needs are increasingly prioritizing investments in workforce management technology.

Key Points: 
  • Post-pandemic, the workforce management software sector has experienced substantial growth, as large employers facing increased pressure to optimize their workforce to meet new strategic, regulatory and operational talent needs are increasingly prioritizing investments in workforce management technology.
  • His extensive leadership experience includes key sales, board, executive leadership, and consultancy roles at leading technology and human capital management software firms including Code42, SumTotal Systems, Oracle and Taleo.
  • “As WorkForce Software embarks on an exciting new chapter in 2024, I am honored to join the team,” says Bill Shaheen, CRO at WorkForce Software.
  • Prior to WorkForce Software, Neumarker was the Executive Vice President of Development and Innovation at Cotiviti.

Cyara Expands Global Leadership Team with the Appointment of Mitch Risner as Chief Revenue Officer

Retrieved on: 
Thursday, November 9, 2023
Technology, VoIP, Audio, Video, Software, Artificial Intelligence, Internet, Employee engagement, CX, Arun M. Kumar, Customer experience, Human resource management, Charterhouse Capital Partners, Organization, Limeade, Vista Equity Partners, SumTotal Systems, Risner, Growth, PE, GVP, Fine chemical, Callictita cyara

Cyara , the leading AI-powered Customer Experience (CX) Assurance Platform provider, today announced the appointment of Mitch Risner as Chief Revenue Officer (CRO).

Key Points: 
  • Cyara , the leading AI-powered Customer Experience (CX) Assurance Platform provider, today announced the appointment of Mitch Risner as Chief Revenue Officer (CRO).
  • With over 20 years of sales experience and over 15 years in sales leadership, Risner has a proven track record of success in building high-performing global enterprise sales organizations.
  • In his role as CRO, Risner will concentrate on driving Cyara's top-line growth through Cyara’s global sales and partner teams.
  • “I am thrilled to have Mitch join Cyara as our new CRO,” said Rishi Rana, President of Cyara.

Bluewater Announces Journey Maps™ for Cornerstone, SumTotal, and Saba for Enhanced Learning Experiences

Retrieved on: 
Wednesday, September 13, 2023
SumTotal Systems, Learning, Organization, Learning management system, Bluewater, LMS, Intuition, Telescopic sight, Management, Tourism

PLANO, Texas , Sept. 13, 2023 /PRNewswire-PRWeb/ -- Bluewater, a leader in corporate learning solutions, is thrilled to announce that its transformative Bluewater Journey Maps™ are now fully integrated with three of the industry's major Learning Management Systems (LMS) platforms: Cornerstone, SumTotal, and Saba.

Key Points: 
  • PLANO, Texas , Sept. 13, 2023 /PRNewswire-PRWeb/ -- Bluewater, a leader in corporate learning solutions, is thrilled to announce that its transformative Bluewater Journey Maps™ are now fully integrated with three of the industry's major Learning Management Systems (LMS) platforms: Cornerstone, SumTotal, and Saba.
  • "Get the LMS experience you desire without changing your current LMS," said Chris Bond, CEO of Bluewater.
  • Bluewater Journey Maps™ deliver an interactive, intuitive, and personalized learning experience overlaying existing LMS platforms.
  • "We are elated to bring Bluewater Journey Maps™ to a broader audience through this collaboration," said Chris Bond, CEO of Bluewater.

HR Technology Industry Leader Tena Lyons Joins Harri as Company’s First-Ever Vice President, Product Marketing

Retrieved on: 
Wednesday, September 6, 2023
Product marketing, University, ADP, Radisson Hotel Group, AMS, University of St. Thomas (Minnesota), Marketing, GTM, SumTotal Systems, Harri, Coffee, HCM, Economics, Hotel, Management

The expansion of Harri’s marketing team reflects the increasing demand for the company’s suite of talent attraction, workforce management, employee engagement and compliance technologies.

Key Points: 
  • The expansion of Harri’s marketing team reflects the increasing demand for the company’s suite of talent attraction, workforce management, employee engagement and compliance technologies.
  • Before that, she was the vice president and Global Head, Solutions Marketing at AMS, where she built its solutions marketing function, standardizing the go-to-market delivery for a broad portfolio across the globe.
  • Earlier in her career, she was the senior director, Product Marketing – Talent Solutions at ADP and vice president, Global HCM Product Marketing at SumTotal Systems.
  • It’s exciting to be part of Harri’s continued success, and I look forward to growing our product marketing accomplishments.”

Cyara Enhances Leadership Team with Appointment of Rishi Rana as President

Retrieved on: 
Tuesday, August 8, 2023
Data Management, Technology, VoIP, Audio, Video, Telecommunications, Software, Artificial Intelligence, Marketing, Skillsoft, EVP, CX, Microsoft, Customer experience, Organization, Pearson Education, SumTotal Systems, Growth, GTM, NYSE, Sales, Video game, Callictita cyara

Cyara , the leading AI-led Customer Experience (CX) Transformation Platform provider, today announced the appointment of Rishi Rana as President.

Key Points: 
  • Cyara , the leading AI-led Customer Experience (CX) Transformation Platform provider, today announced the appointment of Rishi Rana as President.
  • Rana will lead Cyara’s go-to-market (GTM) and product strategies, further accelerating the company’s market position and driving long-term success.
  • Rana brings over 25 years of experience in scaling businesses towards success, driving innovation, and achieving operational excellence.
  • “We welcome Rishi to Cyara as the newest member to our executive leadership team,” said Alok Kulkarni, CEO and Co-founder of Cyara.

HR Tech Revenue Veteran Mitcheal Risner Joins Bambee as Chief Revenue Officer

Retrieved on: 
Thursday, July 13, 2023
Technology, Internet, Professional Services, Human Resources, Human resources, IHeartMedia, IPO, World Innovation Summit for Education, Investment, American Express, Policy, Risner, Multimedia, Cornerstone, Goldman Sachs, QED, SoftBank Group, Limeade, HR, SumTotal Systems, SVP, Management, Sales, Cryptocurrency, Marketing, Desirée Sparre-Enger

Bambee, the company that makes Human Resources affordable for small to medium-sized businesses, announced today that global sales leader Mitcheal Risner has joined Bambee as Chief Revenue Officer.

Key Points: 
  • Bambee, the company that makes Human Resources affordable for small to medium-sized businesses, announced today that global sales leader Mitcheal Risner has joined Bambee as Chief Revenue Officer.
  • He’s spent the past seven years as Chief Revenue Officer at Limeade, leading the revenue teams through the company's IPO.
  • As Bambee's Chief Revenue Officer, Risner will lead the company's revenue teams, including marketing, sales, revenue operations, customer success, and customer support.
  • “I am over the moon to welcome Mitcheal Risner as Bambee’s Chief Revenue Officer.

Evan Ferl joins Bambee as General Counsel and Chief Strategy Officer to Lead Legal and Corporate Development

Retrieved on: 
Friday, June 30, 2023
Internet, Professional Services, Legal, Technology, Human Resources, VMware, Poshmark, IPO, Optimism, General counsel, Cornerstone, Creativity, Public sector, Goldman Sachs, NASA, HR, SumTotal Systems, Desirée Sparre-Enger

Bambee, a leading HR technology platform empowering small businesses with dedicated HR support, is thrilled to announce the appointment of Evan Ferl as its new General Counsel and Chief Strategy Officer.

Key Points: 
  • Bambee, a leading HR technology platform empowering small businesses with dedicated HR support, is thrilled to announce the appointment of Evan Ferl as its new General Counsel and Chief Strategy Officer.
  • Most recently, Ferl served as General Counsel at Poshmark during the company’s IPO.
  • Allan Jones, Bambee’s Founder & CEO, commented, “I am excited to welcome Evan to Bambee as our new General Counsel and Chief Strategy Officer.
  • Not only from a legal perspective but also to shape our strategy surrounding corporate development.”
    “I'm super excited to join Bambee,” said Ferl.

Transformative Dual-Use Enterprise AI Software Company Accrete Names Board Advisor Jim Gill as Chief Revenue Officer

Retrieved on: 
Tuesday, June 13, 2023
Software as a service, Public sector, Senior, U.S. Department of Defense Strategy for Operating in Cyberspace, Education, Defense, History of Europe, Government, NCO, Cornerstone OnDemand, ARR, United States Army, Veteran, Growth, AI, SumTotal Systems, Accretion, Management

NEW YORK, June 13, 2023 /PRNewswire/ -- Accrete AI, a leading enterprise AI company that licenses AI software known as Analytical Agents to both the U.S. government and commercial customers, announced today that current Accrete board advisor Jim Gill has joined the Company as Chief Revenue Officer.

Key Points: 
  • NEW YORK, June 13, 2023 /PRNewswire/ -- Accrete AI , a leading enterprise AI company that licenses AI software known as Analytical Agents to both the U.S. government and commercial customers, announced today that current Accrete board advisor Jim Gill has joined the Company as Chief Revenue Officer.
  • In that position, he was responsible for revenue, sales, alliances, and customer operations for over 4,000 customers and $600M in annual recurring revenue (ARR).
  • "Jim will assist in establishing Accrete as the key to winning in the age of AI for many companies across many industries."
  • Prior to Cornerstone, Jim held executive leadership roles at Saba Software, SumTotal Systems, and as President of Training Modernization Group Government.

Skillsoft Reports Financial Results for the First Quarter of Fiscal 2024

Retrieved on: 
Tuesday, June 6, 2023
Professional Services, Data Management, Apps, Applications, Technology, Finance, Software, Learning, Software as a service, Share repurchase, SKIL, Synthetic media, ChatGPT, Business, Woman, GAAP, LTM, Sale, Organization, Lean startup, Total economic value, EBITDA, Collection, Generative, Growth, SumTotal Systems, ROI, NYSE, Content, Tutoring, Retail, Bank, Music

Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the first quarter of fiscal 2024 ended April 30, 2023.

Key Points: 
  • Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the first quarter of fiscal 2024 ended April 30, 2023.
  • LTM Content & Platform Dollar Retention Rate was approximately 101% in the quarter, up from approximately 98% in the year-ago period.
  • The following table reflects Skillsoft’s reaffirmed financial outlook for the full-year fiscal 2024 ended January 31, 2024, based on current market conditions, expectations, and assumptions:
    (1) Growth calculated relative to the comparable prior year period.
  • We have provided at the back of this release reconciliations of our historical non-GAAP financial measures to the comparable GAAP measures.