Axonify, a SaaS e-Learning platform, has raised $27 million in growth equity funding to drive business expansion. The round was led by JMI Equity and BDC Capital.
Axonify’s platform provides a corporate learning tool to enable employees to achieve specific business outcomes. Companies such as Walmart, Toyota and Bloomingdale’s have used the company’s micro-learning approach to provide employees with the knowledge they need to perform better in the workplace.
“We are absolutely thrilled to have JMI Equity join our investor group and to have the BDC IT Venture Fund affirm its confidence in our business by investing more,” said Carol Leaman, President and CEO of Axonify in a statement. “This growth round will allow us to accelerate our pace of customer acquisition, continue to raise our profile in the market, and extend our platform.”
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