Mindflash Raises $4 Million For Online Training Software

Leena Rao

Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Thursday, June 2nd, 2011

Online training software startup Mindflash.com has raised $4 million in new funding led by the Investment Group of Santa Barbara. This investment brings the startup’s total funding to $9 million.

Mindflash, which is led by Donna Wells (Mint’s former CMO), is a platform that allows businesses to train employees online. Geared towards non-technical users, Mindflash allows participants to upload and share training documents or videos on the web. They can even include quizzes and games to test employees’ comprehension of the content.

The platform then manages the entire training management process – from sending training invitations to tracking employees’ progress to producing real-time progress reports. Mindflash aims to replace tools like PowerPoint to train employees remotely, and adds analytics to the mix so employers can ensure that employees are completing online training seminars.

Since its launch in September 2010, Mindflash users have completed tens of thousands of courses on everything from sales training to brewing beer at home.

Company: Mindflash.com
Website: mindflash.com
Launch Date: 1999
Funding: $7.5M

Mindflash provides a web platform for companies to easily share knowledge and train employees. The application is built to handle any type of content and to facilitate online training courses within minutes. Users simply upload existing training materials (PowerPoint, PDF, Word, video, audio), organize them on an easy-to-use visual dashboard, and invite trainees to participate. Mindflash handles all of the testing, content management, course management, and reporting so that companies can focus on developing their employees. Headquartered in Palo...

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