Lecturio GmbH, a Leipzig, Germany-based video learning platform for professional education, raised €3m in funding.
Backers included new investor Seventure Partners and existing investors Holtzbrinck Ventures and TGFS.
The company intends to use the funds to accelerate growth in 2014 in mobile learning, B2B and enhance brand awareness.
Founded in 2008 and led by Martin Schlichte, CEO, Lecturio provides a platform for private and professional online learning. It allows time- and location-independent learning with video-based courses from Germany’s leading experts.
The company’s library includes more than 5,000 courses in categories of business, software, law, and medicine, accounting & taxes, economics, health, languages and leisure.
Lecturio employs 50 people in locations in Germany and Bulgaria.