Viking Venture, a leading Nordic venturefund, invests in Norwegian high growth software company Skooler.
Viking Venture owns 41% of the company post the investment which sourced 22 million NOK (close to 3 mUSD) of growth capital into the company. Skooler is supplying Learning Management Tools (LMT) software for education and is known for its seamless integration into the Microsoft Office365 product suite.
Viking Venture invests in Skooler in order to strenghten the company’s international expansion through supply of capital as well as experience and knowledge from successful software growth investments. Viking Venture is a previous investor in the Norwegian LMT company It’s learning. Roger Larsen, former CEO and founder of the successful LMT company Fronter, is an investor in Skooler and coinvests with Viking Venture in this round adding up to a total of 22 million NOK.
– We are pleased to invest in such a high growth software companys as Skooler. They have developed 2nd generation LMT software, has an undisputable international potential and a very rapid growth in its user base, says Erik Hagen, managing partner in Viking Venture.