LearnUpon, a Dublin, Ireland-based Learning Management System (LMS) provider, received a $56m minority investment from Summit Partners.
In conjunction with the funding, Antony Clavel, a Principal with Summit Partners, will be joining the LearnUpon Board of Directors.
The company intends to use the funds to accelerate hiring and support continued execution of its product roadmap.
Founded in 2012 by Brendan Noud, CEO and co-founder, LearnUpon provides a cloud-based platform that enables organizations to manage, track, and achieve their diverse learning goal.
The solution is designed to enable more efficient delivery, tracking, measurement and certification across numerous learning use-cases, including employee development, customer onboarding, partner education and compliance training, all of which have usually been managed across disparate systems.
Used by over 1,000 customers worldwide, including Booking.com, Twilio, USA Football and Zendesk, the company employs a team of 180 across four offices, including more than 70 engineering and product development professionals in Dublin, Philadelphia, Sydney, and Belgrade.