Mindflash Raises $4 Million For Online Training Software

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.