Trilogy Education Services Raises $30 Million In Series A Funding In Round Led By Highland Capital Partners
Trilogy Education Services announces today that it has raised $30 million in Series A funding from Highland Capital Partners with participation from Rethink Education, First Light Capital, and other notable investors including Jack Larson and Rob Cohen. The first Continuing Education Program Manager (“CEPM”), Trilogy is empowering universities to transform the lives of students through skills-based training programs that are university-run, student-tested and employer-approved.
Through university partnerships, Trilogy offers programs in web development, data analytics and visualization, and UI/UX in part-time and full-time formats. Students benefit from a dynamic, market-driven curriculum, career services, and access to a network of industry partners. A robust learning and instructor analytics platform also allows Trilogy and its university partners to continually improve the student learning experience.
“The digital economy is unquestionably a source of opportunity for the US workforce. By 2020, it is predicted that there will be 1.4 million more web development jobs than people to fill them. By 2018, US companies will need to fill 1.5 million positions that require data analysis skills,” said Dan Sommer, CEO and Founder of Trilogy Education Services. “Our mission is to help every top continuing and professional education program provide students with the skills they need to succeed in the digital economy, and we are grateful to the Highland Team for joining us on this journey.”
Since launching in September, 2015, Trilogy has expanded to include twenty-one university partners with campuses across the US.
“Trilogy is addressing one of the biggest challenges in our country, preparing people with the skills to thrive in the evolving economy,” said Craig Driscoll, Partner, Highland Capital Partners. “The Trilogy team’s vision and passion to transform education and train the workforce is compelling. We are proud to be partnered with the Trilogy team on this important mission.”
“Trilogy takes the unique approach of partnering with leading universities to address the rapidly changing job market. This highly-scalable approach will have a lasting impact on education and jobs globally” said Dan Nova, Partner, Highland Capital Partners. “Trilogy allows people to invest in themselves to improve their lives.”
Dan Nova and Craig Driscoll have joined Trilogy’s Board of Directors.
About Highland Capital Partners:
Founded in 1987, Highland Capital Partners is a venture capital firm focused on putting the entrepreneur first. With offices in Boston and Palo Alto, Highland has raised over $3 billion in committed capital and invested in more than 270 companies, resulting in category-defining businesses across consumer and enterprise technology. Investments include 2U, Catalant, Harry’s, Jaunt, Malwarebytes, nuTonomy, Qihoo 360, Rent the Runway, Scopely, SmartThings, ThredUP and Turbonomic. For more information, visit www.hcp.com.BACK