Top News

Simplilearn.com raises $15 mn in funding round led by Mayfield

Bangalore-based startup Simplilearn Solutions Pvt Ltd, the company behind Simplilearn.com, an online education and training destination for professional certification courses, has raised $15 million in Series C round of funding led by early-stage investor Mayfield, reports the Financial Express

Bangalore-based startup Simplilearn Solutions Pvt Ltd, the company behind Simplilearn.com, an online education and training destination for professional certification courses, has raised $15 million in Series C round of funding led by early-stage investor Mayfield, reports the Financial Express

The round also saw participation from existing investors Kalaari Capital and Helion Venture Partners. This takes the total funding raised so far by the ed-tech startup to $27 million.

“With more of our learners moving to mobile and online learning, the current funding will allow us to continue to invest in the platform, expand our course coverage, and also look at rapidly expanding in the US and other primary markets,” Krishna Kumar, CEO of Simplilearn, told the Financial Express.

Simplilearn.com offers courses both online and in classroom workshops. The company claims that since its inception in 2010, it has certified more than 400,000 people globally.

“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 certification(s) to succeed. We believe that the additional capital will allow Krishna and his team to grow even faster and outpace the market,” Navin Chaddha, managing director of Mayfield, was quoted in the report as saying.

The Mumbai-based company, founded in 2009 by Krishna Kumar, offers over 200 certification courses in project management, Big Data and analytics, and other topics across 11 verticals through online, classroom, self-learning and instructor-led online classroom training.

With study centres across the globe, Simplilearn offers certification courses in project management, Big Data and analytics, virtualisation and cloud, IT service management, Microsoft certification, quality management, and financial management, among others.

In September 2013, Simplilearn had secured around $10 million in a Series B round of funding from Helion Venture Partners and existing investor Kalaari Capital. Previously, it had bagged around $2 million in Series A funding from Kalaari Capital (erstwhile IndoUS Venture Partners) in August 2012.

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close