Linux Academy, a well-known online Linux and cloud training platform, has raised $2.3 million of growth financing from Arthur Ventures. The new investment is aimed to help the Dallas-based startup extend its online model with new training modules and learning tools.
Targeting at redefining education in the IT world, Linux Academy offers certifications in Linux, Amazon Web Services, OpenStack, DevOs, Azure and big data. It is touted to help people find or progress within demanded careers.
“Our strategy of matching the largest cloud training content library with intuitive, value-added learning tools is resonating within the market. We are dedicated to supporting our growing community of tens of thousands of students and we have exciting new products to introduce in the coming months,” said Anthony James, founder and CEO, Linux Academy, in a statement.
James did not reveal any particular details about the investment. However, he stated that the latest financing “will largely be used” to support its extension to new offerings.
“At Arthur Ventures, we are creating a network for elite enterprise software companies (and entrepreneurs) located anywhere outside Silicon Valley and we are looking forward to having Linux Academy in the mix,” said Ryan Kruizenga, a partner at Arthur Ventures.
Linux Academy is facing tough competition from leading MOOC (massive open online course) platforms like edX and Coursera. Nevertheless, it is claiming to provide “more value per dollar” than any other IT training platform on the web.