Pluralsight: Difference between revisions

Revision as of 01:29, 6 June 2024

Revision as of 18:53, 7 June 2024

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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.<ref>{{Cite web |last=Annashacitation needed|date=2021-12-03July |title=Pluralsight - An online platform that provides the best to keep one updated. |url=https://www.yourtechstory.com/2021/12/03/pluralsight-story-of-company-that-started-from-classroom-training-to-a-famous-online-platform/ |access-date=2024-06-04 |website=Your Tech Story |language=en-US}}</ref> 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>