1. Simplilearn raises $15 m in Series C funding

Simplilearn raises $15 m in Series C funding

Simplilearn, a Bengaluru based tech-education company, on Thursday announced it has raised $15 million in Series C funding.

By: | Published: April 24, 2015 12:45 AM

Simplilearn, a Bengaluru based tech-education company, on Thursday announced it has raised $15 million in Series C funding. The round was led by Mayfield, with participation from Kalaari Capital and Helion Venture Partners. With this round, Simplilearn has raised a total of $27 million.

Simplilearn offers a multitude of training and certifications for business use and career advancement. It offers a combination of online classes, in-person workshops and corporate training led by its network of 2,000 qualified trainers.

“Our strength has been in providing a wide range of certification-based courses that have a direct impact on the learners’ career. This focus on impact has ensured that we continue to grow at an aggressive pace,” said Krishna Kumar, CEO of Simplilearn.

He added that with more learners switching to mobile and online learning, the current funding will allow the company to continue to invest in the platform, expand course coverage and look at expanding in the US and other primary markets.

Navin Chaddha, managing director of Mayfield, said: “Simplilearn has had an impressive growth over the last few years and we are confident that this momentum will continue as more individuals seek professional certifications to succeed.”

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