LearnUpon raises a round of funding

15/12/2020
Diego Gutiérrez
LearnUpon raises a round of funding
LearnUpon

LearnUponfounded in 2012 and based in Dublin, offers a cloud-based learning management system that helps companies train their employees, partners and customers. The company's platform is designed to deliver high quality corporate learning experiences in a scalable way.

 LearnUpon unifies, coordinates and streamlines the delivery of training across the network. Its growth is driven by the design and development of a platform that is quick to set up, easy to use and backed by customer support. 

LearnUpon has received a private equity round 56 million from global growth capital firm Summit Partners. This funding represents LearnUpon's first major capital raise and is intended to drive hiring, support the continued execution of the company's product roadmap and meet growing customer demand. 

Summit Partnersfounded in 1984, is a global alternative investment firm that currently invests more than $9.5 billion in growth equity, fixed income and public equity opportunities.Summit has invested in more than 460 companies in technology, healthcare, life sciences and other growth industries.

Summit Partners enhances the value of these companies through infrastructure development, executive and board recruitment, and strategic and operational advice.The firm also brings extensive experience in helping companies navigate the complex process of strategic public offerings and strategic sales. M&A transactions. 

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