August 29, 2014

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Pluralsight Raises $135 Million in Funding

Press Release

August 29, 2014

Salt Lake City – Pluralsight announced yesterday it has closed $135 million in Series B funding, bringing the company’s total funding to nearly $165 million to date. This minority round was led by current Pluralsight investor Insight Venture Partners, with additional participation from ICONIQ Capital and Sorenson Capital. 

The investment marks one of Utah’s largest private rounds to date. 

“Pluralsight is at an inflection point, and this funding will exponentially fuel our growth in the enterprise space, providing businesses with innovations in interactivity and measurable learning outcomes,” said Aaron Skonnard, CEO of Pluralsight. 

Founded in 2004, Pluralsight raised $27.5 million from Insight Venture Partners in January 2013. Pluralsight used the investment to expand its library to more than 3,000 courses.

Pluralsight has acquired four online learning companies in the past year, including PeepCode, Tekpub, TrainSignal and Digital-Tutors, with a total transactional value in excess of $70 million. 

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