Contact: Kevin Pawsey
itslearning Secures New Funding for Product Development
Plymouth, Massachusetts – March 25, 2013 – Leading educational software company, itslearning AS (www.itslearningnet), has received an investment boost from EQT Expansion Capital II. The agreement, signed on the 21st of March 2013, gives itslearning the ability to increase product development and expansion into new markets and makes EQT Capital II the largest investor in the company.
Arne Bergby, itslearning Corporate CEO, stated: “I am very pleased to welcome EQT Expansion Capital II to itslearning. Their experience with international expansion will help support our continuing growth. We will re-invest much...