EDUCATION TECHNOLOGY
CYPHER LEARNING | June 21, 2021
CYPHER LEARNING, a leading provider of learning management systems for businesses and educational institutions, said today that it had received $40 million in growth equity from Invictus Growth Partners ("Invictus"), marking the company's first outside funding. The funds will be used to increase sales, marketing, and development of its cutting-edge learning platform and increase profitability. John DeLoche, Co-Founder and Managing Partner of Invictus, will join the Board of Directors of CYPHER LEARNING.
CYPHER LEARNING is the only business that offers a learning management system (LMS) for all major e-learning sectors.
MATRIX LMS for Businesses, NEO LMS for Schools and Universities, and INDIE LMS for Entrepreneurs are the company's three award-winning products. The products are used by over 20,000 organizations worldwide and are accessible in over 40 languages. The worldwide LMS industry is projected to be worth more than $21 billion. Still, it remains highly fragmented and inhabited by outmoded, small-scale firms that have not kept up with the current requirements of businesses and educational institutions. This huge market has created tremendous growth possibilities for CYPHER LEARNING as its cutting-edge learning platform gains momentum due to its intuitive user experience, robust functionality, and unique approach to teaching and learning.
"CYPHER LEARNING's unique positioning in the industry, as well as the large addressable market in both the business and K-2O sectors, has resulted in phenomenal growth, which we expect to accelerate over the coming few years," said Graham Glass, CEO, and Founder of CYPHER LEARNING.
"The CYPHER LEARNING platform provides many advantages to businesses and educational institutions, including ease of use, consistency of learning, innovative tracking and reporting, greater engagement, and improved learning outcomes. Graham and his leadership team have developed a world-class learning platform with revolutionary automation, mobile, social, and gamification capabilities that are designed to scale and dominate the market across all industries. We are happy to collaborate with CYPHER LEARNING and look forward to helping them accomplish their goals." Invictus Growth Partners Co-Founder and Managing Partner John DeLoche said
About CYPHER LEARNING
CYPHER LEARNING is a San Francisco-based company specializing in delivering learning platforms to companies all around the globe. MATRIX LMS for Businesses, NEO LMS for Schools and Universities, and INDIE LMS for Entrepreneurs are the three products offered by CYPHER LEARNING. Over 20,000 companies use the products, which support 40+ languages, and have received numerous awards. CYPHER LEARNING is the only company currently providing platforms in all main e-learning sectors, including academic, corporate, and entrepreneurship.
About Invictus Growth Partners
Invictus Growth Partners is a growth equity and buyout company that invests in bootstrapped and capital-efficient cloud software, cybersecurity, and fintech companies looking for capital and strategic expertise to drive their growth. The firm and all of its employees are based in San Francisco, California.
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CORPORATE LEARNING SYSTEMS
Skillsoft | December 03, 2021
Skillsoft, a global leader in corporate digital learning, today released new research exploring the current state of women in tech including the challenges and barriers to inclusion they face and how employers can better support them. Findings from Skillsoft’s 2021 Women in Tech Report reveal that while female employees have gained hard-fought ground in the workplace, a large gap still exists when it comes to opportunities for professional development and career advancement.
According to the report, there is a misalignment between the workplace benefits women in tech are seeking and what is currently being provided. For example, while 86 percent of respondents cited opportunities for professional development and training as extremely or very important to them, just 42 percent said their employers currently offer this as a benefit. Additionally, when asked about the top challenges they have faced while pursuing a tech-related career, nearly a third of women surveyed (32 percent) pointed to a lack of training.
The research indicates that women in tech want to learn, and when asked which tech-related areas they are most interested in, business analysis, cybersecurity, analytics, AI, and machine learning, and leadership and management topped their lists. With Skillsoft’s recent IT Skills and Salary Report finding that 76 percent of organizations currently face skills gaps in their IT departments, providing opportunities for training and professional development is a major benefit for employers and employees alike as it can help fill crucial shortages and skills gaps and put women on a path for career advancement.
“Organizations around the globe are looking for ways to address their skills gaps, and in many cases, the answer lies within via their existing workforce. Women make up less than 40 percent of the global workforce, and for that number to increase, female employees must be empowered with continuous training, professional development, and career advancement, as well as equal pay. The time is now for organizations to tackle gender disparity head-on. By doing so, we can build more inclusive, equitable, and competitive businesses.”
Potoula Chresomales, SVP, Product Management, Skillsoft
Skillsoft’s 2021 Women in Tech Report highlights a few ways organizations can better empower female employees, including:
Provide and encourage opportunities for certification: When asked how certifications have helped advance their careers, respondents reported gaining more responsibility (52 percent), earning higher salaries (34 percent), and receiving promotions (32 percent), among other benefits. Despite business analysis and cybersecurity being identified as leading areas of interest, just 22 percent and 18 percent of respondents, respectively, hold corresponding certifications.19 percent report holding no certifications at all.
Make a concentrated effort to reduce gender bias in STEM: 70 percent of women surveyed reported that men outnumber them in the workplace at ratios of two-to-one or greater. Additionally, Skillsoft found that compared to men, women in tech must work longer to climb the corporate ladder. The highest percentage of men in leadership roles have 15-20 years of experience versus 26 or more years for women. To encourage more women to pursue tech-related careers, respondents said organizations should provide opportunities for professional development and training (55 percent), childcare (47 percent), career coaching, mentoring, and counseling (43 percent), and an equitable work culture (41 percent).
Alleviate the unique on-the-job challenges women face: While overall job satisfaction for women in tech is strong – 91 percent of respondents report being extremely or somewhat satisfied in their roles – they face numerous obstacles. 38 percent of respondents list their biggest challenge as a lack of equity in pay. This is followed by balancing work and life (36 percent) and a lack of equity in opportunities (33 percent).
Ensure training is timely and topical: When selecting a training provider, women in tech seek scheduling capabilities (34 percent), relevant course availability (32 percent), and opportunities for hands-on practice (32 percent).
About Skillsoft
Skillsoft is a global leader in corporate digital learning, focused on transforming today’s workforce for tomorrow’s economy. The Company provides enterprise learning solutions designed to prepare organizations for the future of work, overcome critical skill gaps, drive demonstrable behavior-change, and unlock the potential in their people. Skillsoft offers a comprehensive suite of premium, original, and authorized partner content, including one of the broadest and deepest libraries of leadership & business skills, technology & developer, and compliance curricula. With access to a broad spectrum of learning options (including video, audio, books, bootcamps, live events, and practice labs), organizations can meaningfully increase learner engagement and retention. Skillsoft’s offerings are delivered through Percipio, its award-winning, AI-driven, immersive learning platform purpose built to make learning easier, more accessible, and more effective.
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EDUCATION TECHNOLOGY
Mediabistro | April 22, 2021
Mediabistro, the main vocation local area in the media business, declares the dispatch of an extended online instructive contribution.
The new assistance incorporates online workshops intended to give members a multi-meeting vivid experience that consolidates expertise improvement, instructing, motivation, and expert organization development. This incorporates the forthcoming How To Pitch course, what begins on April 21.
The How To Pitch course is intended to help independent essayists and substance makers access new independent work openings and advance their vocations. The program highlights online meetings drove by experienced experts including: publicist, supervisor, and composing educator Dana Sitar; writer and National Magazine Award finalist Steve Friedman; way of life author, live host, and ex-advertiser Leila Najafi; and essayist and independent business mentor Jennifer Billock. Members will likewise get criticism from a program mentor, and have the chance to create contributing techniques little gatherings.
The new workshop design denotes the venture into individually online courses for Mediabistro, notwithstanding the courses and other substance solely accessible under the organization's MBU enrollment membership.
"One of our essential objectives for 2021 is to convey more adaptable training model to our local area," said Chris Johnson, CEO of Mediabistro. "We're hoping to deliver online courses under a few new arrangements this year."
Instruction and occasions have for quite some time been a critical piece of the Mediabistro offering to its local area. The current extension denotes the organization's work to convey more online substance and systems administration openings, made more basic by the current limitations to in-person social affairs.
ABOUT MEDIABISTRO
Mediabistro is a vocation advancement stage for media and other computerized experts, extending to a one-stop employment opportunity board and occupation suggestions motor, alongside a superior participation including admittance to web based learning recordings and different advantages. Mediabistro was established in New York in 1999, turning into the main vocations local area for those working in distributing and other media-related callings. Clients incorporate an assorted arrangement of associations hoping to enlist content, advertising, online media, and plan ability – including the biggest media organizations on the planet.
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