Administrate, an Edinburgh, UK-based software as a service (SaaS) solution for training providers worldwide, secured £577k in funding.
Backers included Scottish angel group Archangels and the Scottish Investment Bank.
The company intends to use the funds for product development and sales and marketing.
Led by John Peebles, CEO, Administrate provides an online training management solution that allows Training departments and training companies to increase course bookings, manage their operations, and deliver eLearning.
Its training management solution includes three products:
– CORE: Training Management System – designed to run the entire business or internal training department;
– LMS: Learning Management System – a mobile friendly, SCORM compliant eLearning system, and
– WEB: Website Integration – to turn any website into a course booking and registration machine.
Customers include a number of blue chip multinational companies including PwC, Elsevier, Scania, Becker and learndirect.
The company, which currently employs 15 people at its headquarters at CodeBase in Edinburgh, had previously raised over £1.4m from investors Archangel, TRI Cap and the Scottish Co-Investment Fund.