XanEdu Publishing Closes On New $8 Million Funding Round
nn Arbor-based XanEdu Publishing Inc. recently closed on an $8.1 million funding round that will be used to increase its marketing and sales teams and hire software developers to add features to the corporate learning and development business it launched in January.
“The corporate learning and development market is a $26 billion market,” CEO John DeBoer said. “We entered that market in January and are selling product now. We’ll use this funding to accelerate that platform.”