Interplay Learning, an Austin, TX based training technology company, raised $1m in funding.
The investment was led by Central Texas Angel Network with participation from Tech Coast Angels – San Diego (TCA-SD) in San Diego, CA.
The company intends to use the funds to accelerate its move into delivering 3D simulation-based and virtual reality training for middle-skills and professional trades.
Led by Doug Donovan, CEO, Interplay provides a 3D interactive training platform to the education and professional markets for numerous trades including Heating, Ventilation and Air Conditioning (HVAC), Electrical, Energy Auditing and Manufacturing.
The company, which recently unveiled its first virtual reality demo at the Solar Power International Show, also won a $1.25m cooperative award from the U.S. Department of Energy SunShot Initiative to accelerate the development and launch of an online solar training platform featuring 3D simulations and an intelligent system of learning to accelerate skill building for immediate on-the-job results.