Fuse Universal, a London, UK-based learning management platform for companies to train employees on phones and computers, raised $20m in funding.
Backers included Eight Roads Ventures. In conjunction with the funding, Michael Treskow, a partner at Eight Roads Ventures, will join the Fuse board.
The company intends to use the funds to expand its global customer base and to invest in machine learning and augmented reality.
Led by CEO Steve Dineen, Fuse Universal offers a learning technology platform for organizations to increase learner engagement and business performance. It supports continuous, social, blended and mobile learning, as well as traditional learning, in a platform available across both web and native mobile app. The system is used by more than 100 companies for employee training, including Merck, EY, International Hotel Group, Spotify (SPOT.N) and Vodafone (VOD.L). It works as a standalone learning management system or as an overlay to older learning platforms.