Interplay Learning, a of online training for skilled trades utilizing virtual reality (VR) and 3D simulations, announced it has completed a $5.5 million Series A round of financing. S3 Ventures led the investment round with participation from SJF Ventures, Sierra Ventures, Wild Basin Investments, Shelter Capital Partners, Shasta Ventures, and Holt Ventures.
The round will support recruiting talent in its Austin offices and customer success team, in addition to accelerating aggressive expansion plans into new markets and developing new platform features. The Series A financing builds on a year of 40% month-over-month growth of SaaS platform users ranging from small businesses to Enterprise-level customers.