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Interplay Learning Raises $5.5M for VR Training Tech


Interplay Learning VR training
Top image: A man uses an Interplay Learning VR training program that teaches HVAC skills. (courtesy image)

Interplay Learning Inc. has closed a $5.5 million series A funding round, the educational technology company announced May 21.

Austin-based S3 Ventures led the round and S3 Ventures Partner Charlie Plauche will join Interplay Learning’s board. Also participating were Shasta Ventures, Sierra Ventures, Holt Ventures, Wild Basin Investments and Shelter Capital Partners.

CEO Doug Donovan co-founded the company in 2010. It creates digital training courses that can be accessed by desktop computer, laptop or VR headset, and is currently selling to companies working in heating, ventilation and air conditioning, or HVAC.

He and his colleagues plan to use the money to add to the company’s customer success team; expand into other markets such as the electrical, plumbing, heavy equipment repair and facility maintenance industries; and develop its software product.

This story was first published in the Austin Business Journal. Click here to see the rest of the story [subscriber content].


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