Pluralsight, a Salt Lake City-based online training platform for technology professionals, acquired Digital-Tutors, an online training platform for creative professionals for $45 million.
Digital-Tutors CEO and Founder Piyush Patel will join Pluralsight as the senior VP of creative operations along with company’s entire team of 30 employees.
The acquisition of Digital-Tutors is the fourth by Pluralsight in the past eight months, the others being PeepCode, a provider of open-source developer courses; Tekpub, a screencast publisher for developers; and TrainSignal, an IT training company that Pluralsight acquired for $23.6 million.
Founded in 2004, Pluralsight sees itself as global leader in online learning for serious software developers, IT specialists and creative professionals. It started as a classroom-based training company, launching its online course portal in 2008.
Pluralsight raised a $27.5 million Series A from Insight Venture Partners and a $2.5 million Venture Round last month according to MarketBrief.com. Pluralsight’s revenue grew from $16 million in 2012 to over $32 million in 2013.
The acquisition adds over 1.500 courses to Pluralsight’s content library, bringing the total to over 3.000 courses. Clients of both companies have access to the entire course catalog from today on at no extra charge.
“Bringing Digital-Tutors on board has positioned Pluralsight as a complete solution for professional technology and creative skills training. In the competitive e-learning space, where most companies have brought skills training to beginning and mid-level enthusiasts, we are cementing our status as a career catalyst and go-to resource for the serious professional.”
states Pluralsight CEO and co-founder Aaron Skonnard in the press release.
Founded in 2000, Digital-Tutors’ customers include individuals, universities and businesses, as well as companies like Pixar, DreamWorks, Rockstar Games and Electronic Arts.
With coding and digital creative skills being main drivers in the knowledge economy, the market is getting more competitive, and established players are trying to consolidate their verticals. Two days ago lynda.com announced the acquisition of Canadian startup Compilr which created a software coding and development environment that allows people to learn, write, compile and test code from their browser.
Classroom-based learning also has seen growing interest from learners as well as investors recently. General Assembly just raised a $35 million Series C for its technology, business and design education, specifically targeting workers in the knowledge economy. Today another New York-based startup, The Flatiron School, raised $5.5 million for its coding bootcamps.
- Pluralsight Acquires Digital-Tutors for $45 Million, Expanding into Creative Skills Training and Doubling Professional E-Learning Library | BusinessWire
- Pluralsight acquires Digital-Tutors to bring you 1,500+ creative skills courses | Pluralsight
- Digital-Tutors Is Joining Forces with Professional Technical Training Provider, Pluralsight! What This Means for You — and It’s Good. | Digital-Tutors
- PluralSight Buys Digital-Tutors For $45 Million To Add Media Software Training | TechCrunch
- HEDLINE: lynda.com acquires Compilr | EDUKWEST
- HEDLINE: General Assembly raises $35 million Series C | EDUKWEST
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- digital-tutors.com | Twitter | Facebook | CrunchBase