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'''Pluralsight, Inc.''' is an [[United States|American]] privately held [[online education]] company that offers a variety of video training courses for [[software developers]], [[Information technology|IT administrators]], and [[creative professional]]s through its website.<ref>{{cite web | url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=225723693 | title=Pluralsight LLC: Private Company Information - Businessweek | publisher=[[Businessweek]] | access-date=2014-09-12}}</ref> Founded in 2004 by [[Aaron Skonnard]], {{no self-redirect|Keith Brown (author)|Keith Brown}}, Fritz Onion, and Bill Williams,<ref name="Perez1">{{cite web | url=https://techcrunch.com/2013/01/02/developer-training-platform-pluralsight-raises-27-5-million-from-insight-venture-partners/ | title=Developer Training Platform Pluralsight Raises $27.5 Million From Insight Venture Partners To Expand Its Online Catalog - TechCrunch | publisher=[[TechCrunch]] | author=Perez, Sarah}}</ref> the company has its headquarters in [[Farmington, Utah]]. {{As of|2018|July}}, it uses more than 1,400 [[subject-matter expert]]s as authors, and offers more than 7,000 courses in its catalog.<ref>{{Cite web|url=https://seekingalpha.com/article/4192231-pluralsight-foresight-20-20|title=Pluralsight: Foresight Is Not 20/20|date=2018-07-31|website=Seeking Alpha|language=en|access-date=2019-04-25}}</ref><ref name="Karol1">{{cite web | url=http://smallbusiness.foxbusiness.com/technology-web/2014/08/27/pluralsight-raises-135m-to-help-grow-enterprise-customer-base/ | title=Pluralsight Raises $135M to Help Grow Enterprise Customer Base - Fox Small Business Center | publisher=[[Fox Business Network]] | author=Karol, Gabrielle}}</ref><ref name=":1">{{Cite web|last=Komiya|first=Kantaro|title=Online Learning Is Booming. That Will Help Boost Pluralsight Stock, Analysts Say.|url=https://www.barrons.com/articles/online-learning-is-booming-that-will-help-boost-pluralsight-stock-analysts-say-51598282734|access-date=2020-08-31|website=www.barrons.com|language=en-US}}</ref> Since first moving its courses online in 2007, the company has expanded, developing a full enterprise platform, and adding skills assessment modules.<ref name=":0" />
==History==
In 2020, Pluralsight had 18,000 corporate clients which includes 70% of [[Fortune 500]] companies.<ref name=":1" />
In December 2020, Pluralsight announced it would be acquired by private equity firm [[Vista Equity Partners]] for $3.5 billion. Regulatory approval is expected in the first half of 2021, and Pluralsight would no longer be publicly traded.<ref>{{Cite web|title=Vista acquires IT education platform Pluralsight for $3.5B|url=https://social.techcrunch.com/2020/12/14/vista-acquires-it-education-platform-pluralsight-for-3-5b/|access-date=2020-12-14|website=TechCrunch|language=en-US}}</ref>
In April 2021, Vista Equity Partners successfully completed its acquisition of Pluralsight for $22.50 per share. <ref>{{Cite web|title=Vista Equity Partners Completes Acquisition of Pluralsight|url=https://seekingalpha.com/pr/18259635-vista-equity-partners-completes-acquisition-of-pluralsight|access-date=2021-04-06|website=SeekingAlpha|language=en-US}}</ref>
==Business model==
When Pluralsight first started, its four founders each contributed $5,000. For the first nine years, the company and its founders received no outside funding.<ref>{{cite web | url=https://beehivestartups.com/blog/rise-pluralsight/ | title=The Rise of Pluralsight | publisher=Beehive Startups | date=2015-02-04 | author=Rawle, Christopher}}</ref>
In December 2012, the company raised $27.5 million in [[Series A round|Series A funding]] from [[Insight Venture Partners]].<ref name="Perez1" /> On March 18, 2014 it received an additional $2.5 million in Series A Funding.{{cncitation needed|date=July 2021}} On August 27, 2014, it received $135 million in [[Series B funding]] from Insight Venture Partners, [[ICONIQ Capital]], and Sorenson Capital—reported at the time to be the largest venture funding round ever received by a Utah company.<ref name="Kolodny1">{{cite web | url=https://blogs.wsj.com/venturecapital/2014/08/27/e-learning-co-pluralsight-raises-135m-in-record-round-for-utah/ | title=E-learning Co. Pluralsight Raises $135M in Record Round for Utah | publisher=[[The Wall Street Journal]] | date=2014-08-27 | author=Kolodny, Lora}}</ref> Co-founder and CEO Aaron Skonnard stated that after this round of funding, the company's [[Valuation (finance)|valuation]] had increased from less than $100 million in 2012 to nearly $1 billion.<ref name="Eugene1">{{cite web|url=http://www.businessinsider.com/pluralsight-is-worth-almost-a-billion-dollars-2014-8|title=Pluralsight Is Worth Almost A Billion Dollars - Business Insider|author=Kim, Eugene|publisher=[[Business Insider]]}}</ref>
In December 2016, the company raised an additional $30 million in a Series C round that valued the company over $1 billion.<ref>{{Cite news|url=https://www.cnbc.com/2016/12/12/riding-salesforce-and-amazons-cloud-to-1-billion.html|title=Riding Salesforce and Amazon's cloud to $1 billion|last=Levy|first=Ari|date=2016-12-12|work=CNBC|access-date=2017-10-20}}</ref> The round included funding from existing investors Insight Venture Partners and Iconiq Capital.<ref>{{Cite news|url=https://www.edsurge.com/news/2016-12-13-on-way-to-ipo-pluralsight-raises-additional-30-million|title=En Route to IPO, Pluralsight Raises Additional $30 Million - EdSurge News|date=2016-12-13|work=EdSurge|access-date=2017-10-20|language=en-US}}</ref>
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