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360Learning, an e-learning training platform for business, raised $41 million in a Series B investment to fund an aggressive push into the U.S. and U.K.
Investors in the round included Bpifrance, Hi Inov - Dentressangle, XAnge, Educapital, and ISAI.
Paris-based 360Learning opened a New York office in 2018 and a London office last month to take advantage of the growing demand for e-learning through collaborative learning environments. Founded in 2013, the company works with more than 1,200 enterprises in 160 countries and recently added North American clients Kingfisher, Pizza Hut and Air Canada to its roster.
“Organizations are recognizing the power of collaborative learning,” said Josh Bersin, global industry analyst and founder of Bersin by Deloitte. “360Learning is a pioneering platform that delivers collaborative learning in a unique way and helps L&D teams embed collaboration into the flow of work.”
The funding will also be used for product innovation and doubling the size of 360Learning’s investments in research and development, the company said.
Frances Katz is a freelance writer focusing on media, culture and technology. Her work has appeared in The Atlantic, The Week, The Washington Post, USA Today and other publications. She lives in Atlanta.