Personal development app Degreed, a 2013 graduate from Kaplan’s Edtech accelerator, secured $35m in equity funding as part of the round.
Degreed, a US-based personal development app developer and a graduate of educational services provider Kaplan’s Edtech accelerator, has received $35m in equity funding and $40m in debt financing.
The capital came from asset manager AllianceBernstein’s Growth Stage Capital unit, which also provided the $40m venture debt facility, venture capital firms Owl Ventures and Signal Peak Ventures, investment firm Jump Capital and VC fund GSV Accelerate.
Founded in 2012, Degreed has created a mobile app through which users can advance their…