Springboard, a San Francisco-based workforce upskilling platform, has raised $31 million in a Series B funding round led by Telstra Ventures.
Investors including Vulcan Capital, SJF Ventures, Costanoa Ventures, Pearson Ventures, Reach Capital, International Finance Corporation or IFC, 500 Startups, Blue Frog Capital, and Learn Capital also participated. The platform has raised more than $50 million in total.
Founded in 2013, Springboard provides an online boot camp for in-demand digital skill programs, including machine learning, data science, software engineering, and UI/UX design. It also set up offices in India.
It claims to have 20,000 students across over 100 countries using the platform to enhance their skills.
Springboard plans to utilize the proceeds to deepen its partnerships with universities and employers, enter more overseas markets, and expand offerings.
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