EDUCATION TECHNOLOGY

Global eLearning Innovator OpenSesame has Received $50 Million Strategic Growth Investment from JMI Equity and Existing Investors

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.

About OpenSesame

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.

Spotlight

U.S. private sector education appears poised to rebound. This $120+ billion industry—serving the childcare, K-12, postsecondary, and corporate training segments—is a small component (roughly 8.8%) of the estimated $1.37 trillion to be spent on education in the U.S. in 2016. However, we believe private sector education has had a major impact on how traditional providers operate (e.g., greater acceptance of online education). Although annual growth slowed earlier this decade—owing to economic and regulatory issues, among others—we believe growth rates are starting to recover, though not to mid- to high-single digit rates seen in the sector’s heyday last decade.

Spotlight

U.S. private sector education appears poised to rebound. This $120+ billion industry—serving the childcare, K-12, postsecondary, and corporate training segments—is a small component (roughly 8.8%) of the estimated $1.37 trillion to be spent on education in the U.S. in 2016. However, we believe private sector education has had a major impact on how traditional providers operate (e.g., greater acceptance of online education). Although annual growth slowed earlier this decade—owing to economic and regulatory issues, among others—we believe growth rates are starting to recover, though not to mid- to high-single digit rates seen in the sector’s heyday last decade.

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EDUCATION TECHNOLOGY

Crystal Delta Enables Educators to Deliver Web-Like Online Learning Experiences in Blackboard

Crystal Delta | May 31, 2021

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TALENT DEVELOPMENT

360training Acquires HIPAA Exams, Enters Healthcare Sector With 29 New Courses

360training | April 05, 2022

By acquiring HIPAA Exams, 360training adds improved HIPAA courses to its massive library of online lessons. In the coming months, 360training will be launching a new "Healthcare" vertical on its website, complete with a catalog of 29 new online healthcare training courses. Essential courses to be released include: HIPAA for Health Care Workers HIPAA Exams designed this 90-minute online HIPAA training course to educate Health Care Workers on the complete HIPAA law, including HIPAA Privacy, HIPAA Security, Enforcement of HIPAA violations, and 2022 Updates. HIPAA for Medical Office Staff HIPAA for Medical Office Staff is specific for Medical Office Staff personnel who do not directly provide medical treatment to patients. HIPAA for Dental Offices HIPAA for Dental Offices comprehensively looks at HIPAA legislation and addresses its application within a dental office setting. HIPAA for Business Associates HIPAA for Business Associates provides a comprehensive look at HIPAA legislation as it applies to a Business Associate. Bloodborne Pathogens Training This IACET accredited online Bloodborne Pathogens course is for anyone working in a setting where bloodborne pathogens (BBP) or anything potentially contagious could infect them. Why Choose HIPAA Exams? HIPAA Exams has been the most trusted source in HIPAA compliance since 2008. Tom Anderson, CEO of 360training, explains what drew him to the company: About 360training Since 1997, 360training.com, Inc. has provided individuals and businesses with online regulatory-approved training, facilitating a safe, healthy environment for the communities they serve. The company has delivered over four million training plans across multiple brands, including Meditec, AgentCampus, VanEd, OSHAcampus, OSHA.com, GetTIPS, and Learn2Serve.

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EDUCATION TECHNOLOGY

AVID Recognized as the first-ever community partner by common sense education

prnewswire | December 16, 2020

Public school and-vocation availability not-for-profit AVID (Advancement through Individual Determination) is glad to be perceived as the principal ever Common Sense Community Partner. Through this association, Common Sense Education's substance is utilized in AVID's expert picking up, uniting two pioneers in schooling, both focused on arriving at all understudies to build up their advanced citizenship. Good judgment Education is known for industry-driving substance about advanced citizenship. Energetic is known for its expert picking up, showing systems, and upgrading the social limit of instructors. "We are thrilled to be the first organization to be named as a Common Sense Community Partner," said Thuan Nguyen, Chief Operating Officer at AVID. "Together we can help ensure that all students and educators get access to the resources they need to be successful." Ardent enables the cutting edge to be powerful clients of innovation for learning and network building. Realizing how to secure online protection, limit screen time, deal with an advanced impression, and perceive excellent computerized assets gets ready understudies for 21st century school and profession, and an all the more enhancing life. "By partnering with AVID, we expand our reach to hundreds of thousands of educators across the nation," said Merve Lapus, Vice President of Outreach and National Partnerships at Common Sense. "We share a common vision of preparing students to thrive in our fast-changing technology landscape." Good judgment has consistently had confidence in media and innovation as a useful asset for youngsters to make, learn, and lead. The honor winning Common Sense Education K-12 Digital Citizenship Curriculum meets the dire requirements of study hall instructors today. By getting their best class assets to teachers through AVID expert turn of events, more children will have what they need to flourish in the present progressively tech-driven world. ABOUT AVID AVID (Advancement Via Individual Determination) is a nonprofit organization that changes lives by helping schools shift to a more equitable, student-centered approach. To close the opportunity gap, AVID trains 85,000 educators annually so they can prepare all students for college, careers, and life. More than 7,500 schools rely on AVID to transform the lives of more than 2 million students each year.

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