What is Skillsoft?
Skillsoft is an established educational technology company founded in 1998, headquartered in Greenwood Village, Colorado. The firm specializes in producing learning management system (LMS) software and a comprehensive suite of digital learning content. Its offerings are designed to support corporate training and professional development initiatives, providing scalable solutions for organizations seeking to enhance employee skills and knowledge through digital platforms. The company's focus on e-learning positions it within a dynamic market driven by the increasing demand for flexible and accessible educational resources.
How much funding has Skillsoft raised?
Skillsoft has raised a total of $310M across 2 funding rounds:
Debt
$150M
Debt
$160M
Debt (2015): $150M with participation from Sound Point Capital Management
Debt (2022): $160M led by Barclays
Key Investors in Skillsoft
Sound Point Capital Management
Sound Point Capital Management is an alternative asset manager specializing in credit strategies, including performing credit, opportunistic credit, and private credit. They offer investment solutions in structured credit, commercial real estate credit, and separately managed accounts, catering to U.S. investors and financial services clients.
Barclays
Barclays PLC is a British multinational universal bank providing a wide range of financial services globally, including retail banking, corporate and investment banking, wealth management, and credit cards. They operate across the UK, US, and other international markets.
What's next for Skillsoft?
The recent major strategic investment in Skillsoft signals a pivotal moment for the company, likely enabling further expansion of its product portfolio and market reach. This capital infusion is expected to fuel innovation in its learning management system and content offerings, potentially through acquisitions or enhanced research and development. As Skillsoft navigates the evolving landscape of corporate learning, this strategic backing will be crucial for maintaining its competitive edge and capitalizing on emerging trends in digital education and workforce development.
See full Skillsoft company page
