Credly, a NYC-based digital credential platform, raised $4.6m in funding.
Backers included New Markets Venture Partners, University Ventures, Lumina Foundation, City & Guilds Group, and Lion Brothers.
The company, which has raised more than $7m in total funding, intends to use the funds to accelerate its development efforts.
Led by Jonathan Finkelstein, founder and CEO, Credly provides an enterprise-class digital credential service for verifying, sharing and managing digital credentials and badges. The system allows organizations to officially verify skills and competencies; distribute portable and secure digital credentials and open badges; and gain actionable data and insights.
Users included thousands of education institutions, industry associations, employers and workforce development programs.