Articulate Global, LLC, a market-leading SaaS provider of online training tools and e-learning authoring apps for the modern world of work, has raised $1.5 billion in a Series A round led by General Atlantic and joined by funds managed by Blackstone Growth (BXG) and ICONIQ Growth.
Articulate will aim to further accelerate its growth and scale internationally.
Company: Articulate Global Inc.
Raised: $1.5B
Round: Series A
Funding Month: July 2021
Lead Investors: General Atlantic
Additional Investors: Blackstone Growth (BXG) and ICONIQ Growth
Company Website: http://www.articulate.com/
Software Category: e-learning software
About the Company: Articulate is a leading, fully remote software company that is redefining and transforming the way the world learns. More than 112 million learners in 161 countries have learned new skills, gained new insight, and received career-boosting training made possible by Articulate apps. Articulate develops e-learning software, content, and a community that provides online training courses. The company’s 40,000+ customers worldwide include 93 percent of Fortune 100 companies, 19 of the 20 top-ranked U.S. universities, and organizations in virtually every industry. By focusing on customers, Articulate has earned the trust of more than half a million e-learning professionals, creating the largest following in the industry.
Source: https://www.businesswire.com/news/home/20210701005246/en/Articulate-Raises-1.5-Billion-in-Series-A-Round-Led-by-General-Atlantic-With-Participation-From-Blackstone-Growth-and-ICONIQ-Growth