Wednesday, March 19, 2008

Portico Learning Solutions , offers a variety of Internet-based learning systems for corporate, academic and government clients got $1 million fund

What Company Is Offering:
Portico Learning Solutions , offers a variety of Internet-based learning systems for corporate, academic and government clients. Portico's products and services include CareerMap(tm), a basic Learning Management System (LMS) and an advanced Talent Management System (TMS); custom courseware development; and more than 2,000 off-the-shelf training courses. The company currently provides online e-Learning to more than 100,000 users at mid-sized companies and organizations worldwide.

How Much They Got From VCs:


Advantage Capital Partners, Enhanced Capital Partners, Louisiana Fund I and the Louisiana Technology Fund announced participation in a $1 million funding round for Baton Rouge-based Portico Learning Solutions, a premier provider of custom e-Learning solutions. The company will use the funds to fulfill its working capital needs.

"The e-Learning market is a growing industry and we're confident that Portico will continue to gain more traction in the marketplace with this latest round of funding," said Lee Pryor, CEO of Portico Learning Solutions.

About VCs:
Advantage Capital Partners is a leading venture capital and small business finance firm focused on early stage companies and other investments supporting state and local economic development. With offices in New Orleans, St. Louis, Austin and other U.S. cities, Advantage has raised more than $950 million in institutional capital since 1992 and invested in companies located in geographic areas underserved by traditional venture capital. http://www.advantagecap.com


More at:http://www.porticolearning.com/

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