360Learning, a Paris, France-based learning engagement platform where leaders and learners connect and collaborate to create a continuous work and learning environment, secured a $41m Series B funding.
Backers included Bpifrance, Hi Inov – Dentressangle, XAnge, Educapital, and ISAI.
The company intends to use the funds to:
– consolidate its leadership position in its home market of France
– stimulate growth in the U.K. and North America, markets where it has already added flagship brands Kingfisher, Pizza Hut, and Air Canada
– build local-market presence with talent and offices in New York City and London
– accelerate product innovation, while doubling the size of research and development investments
Founded in 2013 by Chief Executive Officer Nicolas Hernandez, 360Learning provides a learning engagement platform for learning executives to deliver a decentralized model of course creation and knowledge sharing that is rooted in the business — expanding and growing an organization’s network of skills and knowledge. Learners collaborate in social environments, participate in learning communities, and are actively engaged in the content because it’s bite-size, and collaborative. Anyone can upload a photo, edit it, add filters and effects quickly, and push it to their communities.
360Learning has a base of 150 employees in Paris, New York City, and London and serves more than 1,200 enterprises across 160 countries.