Rectech: The Recruiting Technology Podcast

Upskilling platform Degreed has raised $153 million in Series D funding. The investment, which was co-led by Sapphire Ventures and Riverwood Capital, values the company at $1.4 billion. Dan Levin, former COO of Box will succeed Chris McCarthy as CEO of Degreed.  The funding will be used to accelerate product development, enhance data infrastructure, fuel global expansion, and pursue strategic acquisitions. Technology enhancements will focus on upgrading Degreed’s reporting and analytics, ensuring best in class security, and enhancing integrations that take Degreed deeper into users’ daily workflow. “Investing in skills, culture, and career growth has become a critical differentiator for employers,” said Jeff Parks, Co-Founder and Managing Partner at Riverwood Capital. “Under Chris’ leadership, Degreed has transformed the learning experience and upskilling conversation. We are thrilled to build on that vision in partnership with Dan and this incredible team, and are focused on the next phase of their scalabi