OpenSesame Closes $9M in Series B Funding

opensesameOpenSesame, a Portland, Ore.-based provider of on-demand elearning courses for the enterprise, raised $9m in Series B funding.

The round was led by Altos Ventures with participation from Partech Ventures. In conjunction with the funding, Ho Nam, Managing Director for Altos Ventures, will join OpenSesame’s Board of Directors.

The company intends to use the funds to accelerate sales and marketing efforts, to continue global expansion and enhance product offerings in new training technologies like Augmented Reality and Virtual Reality.

Led by CEO Don Spear, OpenSesame provides Global 2000 companies with an on-demand elearning courses for the enterprise featuring flexible buying options to maximize training & development budgets,a broad catalog with 20,000+ courses from the world’s leading publishers and integration with every Learning Management System (LMS).



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