OpenSesame | July 28, 2021
OpenSesame, a market-leading SaaS global e-learning pioneer, announced a $50 million investment led by JMI Equity, a growth equity company focusing on investing in top software companies, with previous investors FTV Capital and Altos Ventures participating. This expansion investment will help OpenSesame speed its global expansion, expand its technology platform through product-led M&A, and continue to create value for its global customers.
Companies across the globe were compelled to rethink how they train and grow their organizations as a consequence of COVID-19 and the beginning of the work-from-home age. As a result, organizations accelerated their adoption of online learning and employee development programs with remote workforces, with a particular surge in demand for more training on diversity, equity, inclusion (DEI), and leadership development, enabling a safe working environment and workplace wellness. The most comprehensive and essential solution for global and remote workforces across all sectors is OpenSesame's extensive library of 20,000+ e-learning courses in over 19 languages and new courses from world-class content partners such as TED and Harvard Business Publishing.
To offer customers even more high-quality courses, OpenSesame will increase its investment in partnerships and technology. The business adds unique courses by collaborating with the world's finest content producers and subject matter experts, as well as its curation team, to create courses that meet the unmet training requirements of today's virtual and varied workforces. With AI-curated course lists, OpenSesame has created technology that enables learning administrators to build custom learning pathways for each learner. In addition, the Simon platform from OpenSesame enables learning professionals to build compelling online training courses in many languages that connect with any learning management system.
Through effective online learning in every sector, OpenSesame assists in the development of the world's most productive and respected workforce. OpenSesame assists global companies at every step of the process, with the most extensive library of e-learning courses from the world's top publishers. As a result, OpenSesame has gained additional Global 2000 companies to its client base when the workforce is becoming more virtual. With over 20,000 courses available, the platform serves all industries and markets.
About JMI Equity
JMI Equity is a growth equity company that focuses on top software businesses. Since its inception in 1992, JMI has invested in over 155 businesses in its target markets, executed over 105 successful exits, and raised more than $6 billion in committed capital. In addition, JMI works with outstanding management teams to help them grow their companies into industry leaders.
CORPORATE LEARNING SYSTEMS
Nuvepro | November 18, 2021
Nuvepro, the leader in Hands-On Labs solution, today announced that Times Professional Learning (TPL), an education initiative by The Times of India Group, has selected Nuvepro to provide the real-world practice environment to the TPL learners to enhance their digital skills.
TPL delivers learning solutions to early-career working professionals and enterprises. Specifically, TPL offers training solutions for the technology sector across a wide range of topics, from Basic Software training to Advanced topics in Data Science, Artificial Intelligence & Machine Learning. TPL will integrate Nuvepro Hands-On Labs with its learning program to give the unique and seamless experience of theory and practice on the same platform. This means that a TPL technical learner gets world-class learning content on new-age technologies and real-world lab environment to practice and solve problems.
TPL has trained thousands of learners across multiple technologies. Big Data and Deep Learning are some of their popular courses that require real-world practice labs to give the students real-life experience and make them industry-ready. The hands-on labs come with challenges and problem statements that sharpen the execution skill of the learners.
Varun Dhamija, Chief Strategy Officer at Times Professional Learning, said "The Hands-on Labs completes the circle of learning and makes our learners job-ready. The real-world challenges help our students to infinitely practice and hone their skills and become experts in the technology. The Hands-On Labs enable us to launch new courses and give lab access to the students within minutes without spending time on lab set up and configuration. So, in totality the combination of world class training program from TPL and real-world environments by Nuvepro, will equip the learners with the required skills and expertise to succeed in their professional lives."
"We are very excited for the TPL learners and customers, as they get a unique solution of theory and practice in the same box. We've experienced that the real-world environments and problem statements makes the learners a better choice for the industry employers as the quality of the theoretical and practical knowledge is unparalleled. The industry needs ready-to-hire digital skilled experts and pioneers like TPL have taken it as their mission to bridge the skill gap to make India the world's largest digital skill provider. We are excited to be part of that journey."
Giridhar, CEO, Nuvepro
About Times Professional Learning
Times Professional Learning (TPL) is an education initiative by The Times of India Group with an aim to revolutionize professional education in India. Times Professional Learning is strongly positioned to support India in realising its vision through a workforce whose employability skills are honed and made industry ready. TPL has partnered with some of the biggest names in education in India and in the world, including IIMs, XLRI, Wharton, MIT, Michigan State University and University of Massachusetts, Amherst to fulfil the aspirations of learners looking for world-class education. TPL has built robust infrastructure to make education accessible to learners in the mode they want – classroom or online / live interactive.
Nuvepro is the world's best hands-on labs provider to help tech learners create a real-world environment to practice for their learning and engineering needs. We make hands-on learning and real-world assessments possible. Millions of technology learners from Enterprises, Universities and TechEd platforms use Nuvepro Hands-on Labs to rapidly upskill and reskill by practicing on 1000+ preset and sandbox-like environments.
educationdive | May 01, 2020
The U.S. Department of Education will give an additional $1 billion in coronavirus relief to minority-serving institutions, including historically black and tribal colleges, as well as to select other schools that serve high shares of low-income students.The funds are part of the $14 billion in aid directed to colleges in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which President Donald Trump signed into law in March. As these schools tend to be under-resourced and serve needy students, the funds aim to provide more support for covering their own costs and supporting students.