Skills Matter secures £2.5m Series A investment from Nexthash to fund global expansion
Nexthash led the £2.5m investment to help the software engineer learning platform establish a global footprint.
Skills Matter operates a continuous learning platform and network publishing business for software engineers. The company provides resources and community spaces to help technical talent keep pace with industry developments.
Skills Matter has secured £2.5m in Series A funding led by Nexthash. The investment forms half of a targeted £5m equity round, with completion scheduled for September 2019.
Nexthash is participating through its Digital Security Offering platform, acquiring a minority stake in the business. The capital will be directed towards establishing a global footprint for the London-based company.
The financing highlights growing demand for platforms addressing the global shortage of technical skills. Nexthash President Ana Bencic noted that the platform currently reaches a fraction of the worldwide software engineering population.
From the founder
"Technology teams are the economic multipliers in any global business today, which has led to a global war for tech talent and skills, and tech teams need to stay current with an ever-expanding universe of technologies, to meet complex and fast-changing business demands. Skills Matter has been pioneering new ways to learn and share ever-evolving code, skills, ideas and experience for and by the technology community, brought together on its continuous learner platform, which is already subscribed to by 1% of the world’s global population of software engineers. We are thrilled to be partnering with Nexthash and feel that this series A investment round through Nexthash’s unique platform will be key in fulfilling our ambitions in 2019 and beyond."
Wendy Devolder
CEO & Founder at Skills Matter
Investor perspective
"Skills Matter is a great example of a highly scalable, internationally facing growth business actively disrupting its sector. It is pioneering new, pedagogical methods to help global tech talent strive for continued progress as we head into the 2020s. Today, Skills Matter already reaches 1% of the global professional software engineering population and are uniquely positioned to take a significant slice of a global multi-billion dollar market for technology talent and skills, and we are proud to be able to help them on their journey."
Ana Bencic
President and Founder, Nexthash
Use of funds
- 01Expand into international markets
Investors
Categories
About the company
Skills Matter
Skills Matter provides a continuous learning platform and network for software engineers.