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Ascent Funding Targets Coding Bootcamps With Skills Fund Acquisition

socalTECH

Coding bootcamps--which offer short term training on technical skills, such as software development--have become popular in recent years to gain practical experience in technical fields. Financial details of that acquisition were not given.

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Lynda.com Buys European Video Training Firm

socalTECH

lynda.com , the online learning and video instruction site based in Carpinteria, is putting some of its new funding to work, saying this morning that it has acquired video2brain, GmbH , a European online video training company, to help expand its services worldwide. Financial terms of the buy were not disclosed.

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Seismic Scores $170M, Now Worth $3 Billion

socalTECH

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Along with the funding, the company said it has acquired Lessonly, a developer of sales training, coaching, and enablement software which is based in Indianapolis.

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Red 6 Bolsters Advisors With Former Air Force Assistant Secretary

socalTECH

Santa Monica-based augmented reality, air combat training technology developer Red 6 said on Thursday that it has added Dr. Will Roper, former Assistant Secretary of the Air Force for Acquisition, Technology and Logistics (AT&L).

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Degreed Raises $75M to Expand in Growing Workforce Training Sector

Xconomy

San Francisco-based Degreed is among the educational technology companies now classified as “learning experience platforms,’’ because they organize staff participation in skills development training and coordinate it with the goals of employers, who are their clients.

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NEOGOV Merges With PowerDMS

socalTECH

El Segundo-based NEOGOV , which develops human resources software for the public sector, says it has agreed to merge with PowerDMS , a developer of cloud-based compliance software. PowerDMS develops compliance software used to track compliance with politics, training, and industry standards. READ MORE>>.

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TrueCar Buys DealerScience

socalTECH

Santa Monica-based TrueCar announced on Friday that it acquired DealerScience , a developer of digital retailing software for the automotive industry. Financial details of the acquisition were not announced. DealerScience was based in Boston, and has 28 employees.

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