Utah’s Pluralsight unveils IPO filing

▤ Summary

Its core business is online software development courses, helping people improve their skills in categories like IT, data and security.In the filing, the company acknowledges that it is a competitive landscape, and names Cornerstone OnDemand, Udacity, Udemy, LinkedIn Learning as others in a comparable market.Like many startups outside of the San Francisco Bay Area, the company bootstrapped its business and didn’t raise significant outside funding until 2013.The largest shareholder is Insight Venture Partners, which owned 46.1 percent of the shares prior to the IPO, an unusually high percentage.Most choose to stay quiet about IPO plans until they make the filings public, unless reporters break the news first.

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