Degreed Raises $21M Series B To Make All Professional And Lifelong Learning Matter
Summary
SAN FRANCISCO, Jan. 5, 2016 /PRNewswire/ -- Today Degreed, the edtech company that has created a universal way to empower and recognize all forms of professional and lifelong learning, announced a $21 million Series B investment to fuel further expansion. Jump Capital led the round, along with Signal Peak, Rethink Education, Deborah Quazzo and other existing investors. Degreed is free for individuals to use and its learner-first approach led to rapid corporate success following the launch of their consumer-friendly, enterprise learning solution in fall 2014. Degreeds award-winning platform enables people to discover, curate, share, track and value all kinds of learning–from internal portals, external training vendors and over 1,200 providers of free and low-cost informal learning resources–all in a single, unified system. "There are many companies innovating in the edtech space, but Degreed stands unique in its approach to the future of skills and recognition of learning," said Michael McMahon, Managing Partner of Jump Capital.
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