PRESS INFORMATION ISSUED ON BEHALF OF:
Docebo
Via Toledo 156, 80134, Napoli (NA) - Italy
Phone: +39.039.2323286; Web:
http://www.docebo.com/
Venture capital firm Klass Capital acquires Seeweb's shares in
Docebo
Athens, Georgia, USA, July 16, 2015 Last February, cloud
elearning provider Docebo raised $3m in growth equity from Canada
based Venture Capital firm Klass Capital to accelerate the growth of
its SaaS enterprise elearning platform and fuel expansion into the
North American market.
After only four months, Klass Capital
decided to acquire Seeweb's shares in Docebo. Seeweb is Docebo's
first angel investor.
'Obviously our top investor Klass Capital is very pleased with the
pace of execution at Docebo,' said Claudio Erba,
Docebo's CEO and
Founder.
'And, as Klass Capital makes its move, Seeweb makes a great exit,'
he added.
Docebo has over 800 business-to-business (B2B) clients in over 80
countries worldwide (including Bloomberg Institute, Thomson Reuters,
FreshBooks and Autodesk among others) and it is available in over 30
languages. The Company has offices in the United States, Italy and
Dubai.
'Seeweb was the first to believe, and invest, in Docebo,' commented
Antonio Baldassarra, Seeweb's CEO. 'In fact, they used Seeweb Cloud
Infrastructure during their transition to a SaaS business model. It
only took a few years for Docebo to become a prominent international
cloud software provider in the elearning industry - which has paid
off tremendously.'
Daniel Klass, President of Klass Capital added, 'We are impressed
with how rapidly the Company has been able to scale revenues
internationally, and this trend is only growing stronger. That is
why we have decided to increase our investment in Docebo and to
commit additional budget for future M&A operations.'
About Klass
Klass Capital is a venture capital firm targeting small software or
web enabled post revenue companies. The company's target equity
investment size is between $2m and $10m. Klass Capital has a unique
entrepreneurial culture and hands on approach that attracts an
impressive roster of driven entrepreneurs. Klass Capital is based in
Toronto, Canada and have a North American focus, with a primary
focus on helping partners become world leading organizations.
About Docebo
Docebo's Cloud-based, Software-as-a-Service (SaaS) Enterprise
learning management system (LMS) is sold in more than 80 countries.
Established in 2005, Docebo (Latin for 'I will teach') has over
28,000 installations and offers an enterprise solution for mid-sized
to large organizations. Customers benefit from Docebo solutions
thanks to a scalable pricing model, a third party integration (via
API), and reliable service available 24/7 to further enhance the
user experience.
For more information, visit www.Docebo.com or contact Jacopo Mauri
at +39 039.2323286, or email press@docebo.com