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Telstra Ventures leads funding of online learning platform Springboard

The San Francisco company raises $31m in a Series B round led by new investor Telstra Ventures and including Vulcan Capital and SJF Ventures, among others.

San Francisco-based Springboard, which provides an online learning platform that prepares people for in-demand careers, announced it has raised $31 million in Series B funding. The funding was led by new investor Telstra Ventures, with participation from Vulcan Capital and SJF Ventures, and returning investors Costanoa Ventures, Pearson Ventures, Reach Capital, International Finance Corporation, 500 Startups, Blue Fog Capital and Learn Capital.

The company has now raised $50 million in total capital since 2013 when co-founders Gautam Tambay and Parul Gupta launched it.

Source: Press release