Skills Matter secures £2.5 million Series A investment led by Nexthash

The Digital Security Exchange Nexthash is investing £2.5m of growth capital in Skills Matter, the network publishing business and continuous learning platform for software engineers.

The parties agreed that Nexthash will take a minority stake in the business, when it fulfils 50% of Skills Matter’s £5m series A equity round, with completion of a £2.5m equity investment in September 2019. This investment will provide Skills Matter with funding to develop a global footprint. 

Nexthash is facilitating this investment through its innovative Digital Security Offering, providing investors with access to high-growth startup and scale-up companies, on its international platform. Ana Bencic, President and Founder of Nexthash commented on the raise: “Skills Matter is a great example of a highly scalable, internationally facing growth business actively disrupting its sector. It is pioneering new, pedagogical methods to help global tech talent strive for continued progress as we head into the 2020s. Today, Skills Matter already reaches 1% of the global professional software engineering population and are uniquely positioned to take a significant slice of a global multi-billion dollar market for technology talent and skills, and we are proud to be able to help them on their journey. ”  

Wendy Devolder, CEO & Founder of Skills Matter, commented, “Technology teams are the economic multipliers in any global business today, which has led to a global war for tech talent and skills, and tech teams need to stay current with an ever-expanding universe of technologies, to meet complex and fast-changing business demands. Skills Matter has been pioneering new ways to learn and share ever-evolving code, skills, ideas and experience for and by the technology community, brought together on its continuous learner platform, which is already subscribed to by 1% of the world’s global population of software engineers. We are thrilled to be partnering with Nexthash and feel that this series A investment round through Nexthash’s unique platform will be key in fulfilling our ambitions in 2019 and beyond.”

Source: https://www.angelnews.co.uk/blog/venture-capital/digital-security-exchange-nexthash-is-investing-in-skills-matter/

Manoj Ranaweera

Manoj has founded, failed and successfully exited from a number of technology product companies as well as support organisations since 2004. Among them, Northern Tech Awards and edocr.com were acquired by GP Bullhound and Accusoft, Inc respectively. Today, Manoj is building a trusted support network for technology companies. He is working with founding teams to help them accelerate including raising investment and M&A.