Interplay Learning, an Austin, Texas-based provider of online training for skilled trades utilizing virtual reality (VR) and 3D simulations, secured $5.5M in Series A financing.
The round was led by S3 Ventures, with participation from Shasta Ventures, Sierra Ventures, Holt Ventures, Wild Basin Investments, and Shelter Capital Partners. In conjunction with the funding, Charlie Plauche, Partner with S3 Ventures, will join Interplay Learning’s Board of Directors.
The company intends to use the funds to onboard talent in its Austin offices and customer success team, while accelerating expansion into new markets and developing new platform features.
Interplay Learning develops and delivers scalable and effective training for the mechanical, electrical and industrial workforce using VR and 3D simulation.
The company has developed expertise over the last 8 years in simulation training in the HVAC, Electrical, Energy Auditing, Solar Install, Manufacturing, and Construction Codes industries.
The subscription-based solution offers monthly and annually pricing.
Source. FinSMEs, Staff, May 22, 2019
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