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Cornerstone Acquires Web and Mobile Hiring Solution Workpop
Friday 14 September 2018

14 September 2018 - US-based cloud-based learning and human capital management software company Cornerstone OnDemand (NASDAQ: CSOD) has acquired Workpop, Inc, the company said.

Founded in 2014, Workpop provides a web and mobile solution for candidates and hiring managers in service-based industries.

Workpop supports smaller retail chains and well-known brands such as The Peninsula Hotels, Hillstone Restaurant Group, Tao Group, Sweetgreen and Jersey Mike's Subs.

In 2015, Cornerstone first invested in Workpop through Cornerstone's Innovation Fund.

Cornerstone also launched Cornerstone Frontline, a recruiting solution built to meet the needs of companies seeking to hire local, entry-level and frontline employees, such as store managers recruiting new cashiers, supervisors seeking seasonal warehouse employees and healthcare providers looking for administrative staff. 

The new Cornerstone Frontline recruiting solution will combine the power of Cornerstone's enterprise applicant tracking system for corporate employees with Workpop's robust recruiting solution. 

Available next year, Cornerstone Frontline will be part of the Cornerstone Recruiting suite, which delivers an engaging candidate experience, streamlines the hiring and onboarding process and enables organizations to make smarter hiring decisions.

Currently, Cornerstone has more than 1,000 retail, manufacturing and healthcare clients.

Founded by Reed Shaffner, Chris Ovitz and Jay Yu, Workpop is based in Santa Monica and currently is available nationwide.
Details
Date Published: 14/09/2018
Target: Workpop, Inc
Country: USA
Sector: Computer Software
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Cornerstone OnDemand
Comment:
Terms of the deal were not disclosed

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