Pluralsight Acquires TrainSignal for $23.6M

Pluralsight, a Salt Lake City-based provider of online training resources to developers, has acquired TrainSignal, a Chicago, IL-based provider of online training resources for IT professionals, for $23.6m.

The acquisition follows the purchase of PeepCode, a Seattle-based open-source developer training company (bought in late July for an undisclosed sum).

TrainSignal provides hundreds of online video courses for individual and enterprise users, including Allstate Insurance, Cisco Systems, Comcast, Dell, Disney and Paychex. Its training solutions spans IT technologies such as VMware, Cisco, Citrix, CompTIA and Microsoft.

Over the next months, the TrainSignal course catalog, along with that of PeepCode, will be incorporated into the Pluralsight network. The company’s library will expand from 500 courses to more than 1,000.

TrainSignal’s founder and CEO, Scott Skinger, and product development director Gary Eimerman will join Pluralsight in executive roles overseeing the newly created IT division.

Founded in 2004 and led by Aaron Skonnard, CEO, Pluralsight raised $27.5m in Series A funding earlier in 2013 (read here).



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