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Docebo Receives 3,1 U$ Million to Boost its Cloud e-Learning 'As A Service' Business - Docebo, an international company specialized in providing integrated E-Learning solutions for corporates, announces that Principia II (one of the biggest venture capital), signed for a 2,4 € million (3,1 U$ million) capital increase - Docebo.com
Docebo Receives 3,1 U$ Million to Boost its Cloud e-Learning 'As A Service' Business

 

NewswireToday - /newswire/ - Macherio, Milano, Italy, 2012/02/10 - Docebo, an international company specialized in providing integrated E-Learning solutions for corporates, announces that Principia II (one of the biggest venture capital), signed for a 2,4 € million (3,1 U$ million) capital increase - Docebo.com.

   
 
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The entry of Principia II in Docebo’s capital represents a unique opportunity, for the E-Learning company, to boost the development of its product in a Cloud / SAAS perspective, so as to respond to a clear market demand still remained unanswered. This funding operation is intended to support the launch of the brand-new Docebo Cloud E-Learning platform, with unique features able to disrupt the current market rules. To be activated online, with no technical skills required, it allows large and small organizations to deliver training in a flexible and immediate way.

Docebo, leader in providing integrated E-Learning solutions for distance training to large companies, SMEs and government, is currently training more than 300.000 users across every continent, thanks to its Docebo E-Learning platform, multimedia E-Learning courses development and Project management services. With a positive track record since its foundation and steadily growing revenues over the past 7 years, Docebo has established itself on the international market with 2 fund operations: on 2006 with the Angel Investor Seeweb, now with Principia II.

Claudio Erba, CEO of Docebo, states: “Some of Principia SGR partners – Andrea Di Camillo and Marco Magnocavallo – were themselves Internet entrepreneurs: this has created a natural and spontaneous understanding of perspectives”.

Docebo’s investment strategy (docebo.com) is focused on an internationalization of Docebo E-Learning platform (already available in more than 25 languages), challenging the cloud solutions made in Silicon Valley.

Andrea Di Camillo, partner of Principia SGR, states: “we have invested in Docebo, an firm which already builds its success on a great product on one side, and on the ability and experience of its team on the other one: two essential factors that allow Docebo to face and boost its international growth that we want to support also with the new – not only financial – allocated resources”.

Finally, Docebo’s CEO looks to the future: “I think that Docebo is an exemplary case of the ability to market a “disruptive” and revolutionary product which – I’m sure – will be considered our new Docebo Cloud”.

 
 
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Written by / Agency / Source: Docebo

 
 

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Docebo Receives 3,1 U$ Million to Boost its Cloud e-Learning 'As A Service' Business

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Publisher Contact: Jacopo Mauri - Docebo.com 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Docebo securities in any jurisdiction including any other companies listed or named in this release.

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