Online learning continues to see a huge increase in attention and use in the wake of the Covid-19p epidemic, and a startup building tool is announcing a huge amount of money, especially to provide enterprise in-house learning ratios that point to startups owning growth and ambition. Go1, an online learning materials and tools provider for businesses with multiple playlists and tapping content from Silo, has spent nearly $200 million, a CEO and co-founder of a Series D Australian company has confirmed that the startup will be valued at more than $1 billion.
Burns added that the funding will be used to expand further into existing markets – based in Brisbane, Australia, Go1 has offices in London, the United States, Singapore, and Malaysia, so it wants to go deeper into Europe and deeper into Asia and the Pacific, he said. He further added that the expansion of its services suites in a wide area of Sheikh and development training will also continue, he added. Today, it has already offered a host of analytics and AI tech to better write how that content is used and to further personalize the materials, so this idea will be further enhanced.
The series is co-led by Softbank’s Vision Fund 2, Airtree Ventures and Salesforce Ventures, Blue Cloud Ventures, Larsen Ventures, Madrona Venture Group, Microsoft’s M12, SEK, Ten13, and Tiger Global. (As it turns out, it appears that there have been reports of this Series D closing, but there are no details about the price, confirmation from investors and the company.) The fund represents a major capital impetus to get started: it had previously raised about $ 80 million in the last six years, with the last round, closing 14 months ago, and another $40 million in Series C.
However, this is the beginning of impressive growth. Connected to Y Combinator and based in Brisbane, Australia, the company currently has around 3.5 million users worldwide and more than 1,600 enterprises working with companies such as Microsoft, Tiktok, Oxford University, Suzuki, Asahi, and Thrifty and smaller businesses, its customers.
