Simplilearn raises $15 million in its series C funding

BANGALORE, INDIA: Simplilearn, a tech-ed company providing certification courses to professionals, with 15,000 active learners a month has announced that it has closed $15 million in Series C funding.

The Series C was led by Mayfield with participation from Kalaari Capital and Helion Venture Partners. Including this round, Simplilearn has now raised a total of $27 million in capital.

“Simplilearn has had an impressive growth over the last few years and we are confident that this momentum will continue as more individuals seek professional certification(s) to succeed.” said Navin Chaddha, Managing Director of Mayfield. “We believe that the additional capital will allow Krishna and his team to grow even faster and outpace the market.”

Simplilearn recently celebrated its fifth birthday and over this time has impacted over 400,000 learners globally. With over from almost every country around the world, Simplilearn is well on its way to become a market leader.

“Our strength has been in providing a wide range of certification-based courses that have direct impact on the learners’ career. This focus on impact has ensured that we continue to grow at an aggressive pace,” said Krishna Kumar, CEO of Simplilearn.

“With more of our learners moving to mobile & online learning, the current funding will allow us to continue to invest in the platform, expand our course coverage, and also look at rapidly expanding in the US and other primary markets.”

Rajesh Raju, Managing Director of Kalaari Capital said, “Certification training is a serious business and we pride ourselves in guiding our customers to achieve career growth and success. This team has made significant progress in this space and the latest round will further strengthen our positioning in the US and international markets.”

Simplilearn offers a multitude of training and certifications for business use and career advancement. The blended learning platform offers a combination of online classes, in-person workshops and corporate trainings, all led by Simplilearn’s over 2,000 qualified trainers. Courses span vendors, industries and platforms: Simplilearn offers training for everything from Advanced Cloud Computing to Six Sigma.