Springboard will use the fresh funding to expand into newer verticals and geographies in India, and to upgrade its technology base
Online education start-up Springboard, which provides courses for professionals, said it has raised $9.5 million in a Series A funding round led by Costanoa Ventures, with participation from Learn Capital and Appdynamics founder Jyoti Bansal. Existing investors including Blue Fog Capital, Rocketship.vc and Moneta Ventures also participated in the round.
Springboard has offices in Bengaluru and California. It focuses on skill-based courses like data science, user experience design and business analytics, among others. It will use the fresh funding to expand into newer verticals and geographies in India, and to upgrade its technology base.
In addition to short-term skill courses, Springboard also offers longer job-focused programs in areas including digital marketing and data science. The company said that its career program in data science provides graduates with a refund in case they don’t find a job after training.
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