DOWN UNDER: Microsoft’s venture capital, arm, M12 has co-led a $25 million Series B round for Australian corporate learning startup GO1. First reported by the Australian Financial Review, the funding will support the startup’s plans to expand into the U.S. and U.K. markets.
This deal marks M12’s first investment in a company based in the Asia Pacific region. Also leading the round were Seek and Y Combinator, the startup accelerator program from which GO1 graduated in 2015. Larsen Ventures participated in the round.
Founded in 2015, GO1 bills itself as a training services and online learning resource for companies. It has thousands of courses and includes as clients Suzuki, Thrifty Car Rental and Asahi. GO1 has announced about $10 million in previous fundraising rounds since its founding.
