GeoLearning Secures $31 Million Investment from Fidelity Ventures

Feb 26, 2008


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GeoLearning, Inc., a provider of managed learning services and on-demand learning and performance platforms, announced that it has secured a growth equity investment of $31 million from Fidelity Ventures. The funds, which represent the first institutional investment for GeoLearning, will be utilized to accelerate the company’s sales and marketing efforts, and to continue to build its international presence and channel partner network. GeoLearning has announced that Fidelity Ventures partner, Roger Hurwitz, has joined its Board of Directors. GeoLearning’s products and services are used by more than 500 corporations, government agencies, and nonprofit organizations to manage and deliver a broad range of learning and development services. Its web-based GeoMaestro and GeoExpress platforms have helped employers, including many enterprise and mid-market companies like Dell, Palm, and Adecco, to manage all forms of organizational learning. In addition, GeoLearning has established a broad partnership network, with over 50 complementary vendors providing customers with a reliable, end-to-end learning and performance management solution.


(www.geolearning.com)