Simplilearn attracted another batch of capital

Simplilearn allows its customers to obtain certification in various areas: PMP (project management), Android development, Microsoft products, big data, Hadoop developer and others.

Today the company, starting with a regular blog, offers both online courses and classroom activities. At the moment, the company has more than two hundred courses, many of which are accredited. Since the launch of training in 2010, more than 400,000 people have been certified through Simplilearn courses.

As part of the “C” financing series, the company has lost another $ 15 million, according to Techcrunch .

The “C” series involves additional capital raising to accelerate the expansion of the company.

Simplilearn CEO Krishna Kumar (Krishna Kumar).

Short interview:

Today, of course, there is already considerable competition in the field of online education and professional training. But despite this, Simplilearn stands out among them by concentrating on short-term certification courses, which often have the fastest impact on career growth.
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Employees of the company hope this year to achieve a million new users and doubling the number of courses.

In total, Simplilearn raised $ 27 million, and in the current round, the greatest contribution was made by Mayfield Fund , Kalaari Capital and Helion Venture Partners .

“For several years, Simplilearn has shown impressive growth rates, we are confident that this momentum will continue, and we believe that additional capital will allow the team to grow even faster and outpace the market,” said fund manager Navfield Chaddha, explaining the fund’s position.