OpenLearning raises $8.5 million from Malaysian investors, following growth spurt in the country
Summary
Social-learning startup OpenLearning has raised $8.5 million in Series A funding, led by Malaysian investors, in a bid to strengthen its hold on its key market in South East Asia. “We can’t stop developing … we have to be proactive and we have to keep investing in our platform.” Although he says they’re not disclosing any of the specific products they’re working on yet, Brimo’ hints that OpenLearning is “on top of all the new trends,” and is researching “things like artificial intelligence and how that can have an impact on education”. In the future, Brimo has ambitions to expand to other South East Asian countries, but for now, the focus remains on Australia and Malaysia. “We had to put a lot of work into it.” For other startup founders embarking on a growth journey, Brimo stresses “you have to believe that what you’re doing is making a difference to people”. “They don’t realise the years they had to go through when they weren’t.” NOW READ: “No bullshit”: Atlassian’s Dom Price shares four key ingredients for scaling a startup
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