Training Company, Interplay Learning, Announces New $1 Million Investment
Company provides training for numerous trades including HVAC, electrical, energy auditing
AUSTIN, Texas — Interplay Learning, a training technology company, has announced a $1 million investment led by Central Texas Angel Network (CTAN) with participation from Tech Coast Angels – San Diego (TCA-SD). The growth capital will enable Interplay to accelerate its move into delivering 3D simulation-based and virtual reality training for middle-skills and professional trades. Interplay said it already has a leadership position in delivering 3D interactive training to the education and professional markets for numerous trades including HVAC, electrical, energy auditing, and manufacturing.
“As baby-boomers in the professional trades retire, the United States faces major workforce shortages in middle skill fields. Plus, in rapidly growing markets like solar installation, workforce training is creating major industry bottlenecks,” said Doug Donovan, CEO of Interplay. “Interplay addresses these issues head-on by developing and delivering online, simulation-based training that is both scalable and effective.”