Declara, a Palo Alto, CA-based developer of technology for personal learning, closed a $16m Series A financing.
The round was led by GSV Capital, with participation from Data Collective, Founders Fund and Catamount Ventures. In conjunction with the funding, Mark Flynn, co-managing partner of GSV Asset Management, will join Declara’s board.
The company intends to use the funds to scale operations globally and build out the team.
Founded in 2012 by Ramona Pierson, CEO, Declara builds a technology platform that uses semantic search, predictive analytics and machine learning to surface the right content at the right time for individuals, making learning more personalized and discovery oriented. Over time, the platform learns more about an individual’s learning patterns and can expand their skills by connecting them to a colleague, post, blog, publication or expert.
Declara currently powers the Educational Services Australia network for the country’s teachers to learn new skills; Bécalos, an organization of Mexico’s Televisa Foundation; and Tu clase, tu país in Chile, among others.
The company also has offices in Boise, Idaho, and Mexico.
FinSMEs
23/04/2014