Private Equity Liquidity Events
BetterPlace acquires 3ONE4 Capital-backed microlearning platform Oust Labs
BetterPlace, a technology platform for blue and grey collar workforce management, has acquired Oust Labs – a micro-learning SaaS platform focused on upskilling and training distributed workforces in an all-cash deal.
Bengaluru and Cupertino, CA (USA)-based Oust Labs has built a proprietary methodology of delivering learning outcomes through its mobile-first gamified application. The multilingual authoring tool of Oust Labs allows enterprises to create their own custom content in 35+ languages, ensuring better internalization and engagement for their distributed workforce.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: In Feb-16 Oust Labs had raised funding from 3ONE4 Capital and Aarin Capital