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Upskilling platform Degreed raises $153 million in Series D Funding


Upskilling platform Degreed raises $153 million in Series D Funding
Now Valued at over $1B, Degreed also announces former Box COO Dan Levin to succeed Chris McCarthy as CEO
PLEASANTON, Calif., April 13, 2021 (GLOBE NEWSWIRE) Upskilling platform Degreed has raised $153 million in Series D funding. The investment, which was co-led by Sapphire Ventures and Riverwood Capital, values the company at $1.4 billion. Dan Levin, former COO of Box (NYSE:BOX), will succeed Chris McCarthy as CEO of Degreed. McCarthy will remain in a strategic advisory capacity and sit on Degreed s Board of Directors.
The funding will be used to accelerate product development, enhance data infrastructure, fuel global expansion, and pursue strategic acquisitions. Technology enhancements will focus on upgrading Degreed s reporting and analytics, ensuring best in class security, and enhancing integrations that take Degreed deeper into users daily workflow. ....

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