The Kaplan-backed employee development platform operator was valued at $1.4bn in a series D round that pushed its overall equity funding near the $300m mark.

Degreed, a US-based employee development platform operator backed by educational services provider Kaplan, secured $153m in series D equity funding on Tuesday.

The round was co-led by venture capital firm Sapphire Ventures and private equity firm Riverwood Capital and included Alliance Bernstein, Signal Peak Ventures, Owl Ventures, GSV Ventures, Founders Circle, Contour Investment Partners, Section Partners and Firework Ventures.

The series D round totalled $183m with the inclusion of debt financing, and it valued the company at $1.4bn.

Degreed operates…

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