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GSV Capital leads $16m Series A for personal learning company Declara

23 Apr 2014

learn-bookGSV Capital has led a $16m Series A financing round for personal learning technology business Declara.

Data Collective, Founders Fund and Catamount Ventures also backed the round, which Declara said would be used to scale its operations globally and build out its team.

GSV Asset Management co-managing partner Mark Flynn will join the Declara board as part of the investment.

The company aims to make learning more personalised and discovery-oriented through a technology platform which uses semantic search, predictive analytics and machine learning to surface the right content at the right time.

Flynn said, “In our dynamic, ever-changing world, you can no longer fill up your knowledge tank until age 25 and cruise through life.

“Today’s highly effective organizations enable individuals to continuously replenish what they know.

“Declara delivers an enterprise platform that fosters individualized learning, empowered by big data, accelerating innovation and enabling collaboration.”

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