Tech Company Financing Transactions
Simplilearn Funding Round
Simplilearn, operating out of Raleigh, secured $10 million in investment from Helion Venture Partners and Kalaari Capital.
Transaction Overview
Company Name
Announced On
9/18/2013
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Helion Venture Partners (Rahul Chowdhri)
Kalaari Capital (Rajesh Raju)
Proceeds Purpose
The funding will allow the company to diversify and expand its course catalog to add more categories, focus on improving customer engagement by adding local team members in the US, UK, Australia and the Middle East, and enhancing its technology platform to make courses available on mobile devices.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
801 Corporate Center Dr. 138
Raleigh, NC 27607
USA
Raleigh, NC 27607
USA
Phone
Website
Email Address
Overview
Our mission is to consistently provide best in class quality education to working professionals via robust technology platform with a focus to achieve 100% customer delight.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We record every notable VC transaction. All VC database entries reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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