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Global Elearning Innovator Opensesame Receives $50 Million Strategic Growth Investment From Jmi Equity And Existing Investors

Jul 22, 2021•about 4 years ago

Amount Raised

$50 Million

Portland

Description

OpenSesame, a market-leading SaaS global elearning innovator, today announced a $50 million investment led by JMI Equity, a growth equity firm focused on investing in leading software companies, with participation from existing investors FTV Capital and Altos Ventures. This growth investment will strengthen OpenSesame’s ability to accelerate its global expansion, extend its technology platform through product-led M&A, and continue adding value for its global customers.

Company Information

Company

Open Sesame

Location

Portland, Oregon, United States

About

OpenSesame helps develop the world’s most productive and admired workforces through powerful online learning in every industry. With the most comprehensive catalog of elearning courses from the world’s top publishers, OpenSesame helps global companies every step of the way. In a moment of an increasingly virtual workforce, OpenSesame has added even more Global 2000 companies to its customer base. With over 20,000+ courses, the platform touches all industries in all markets.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech