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E-Learning Solutions Provider HighTechCampus
Gets $4
Million |
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| In Second Round Funding From Texas-Based Tobat
Capital |
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| Dallas - March 12, 2001 |
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| HighTechCampus, a premier e-learning solutions
provider, today announced it has secured a second round of funding with a $4 million infusion
from Tobat Capital. |
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| "This second round of
funding -- at a time when venture capitalists are requiring a proven
path to profitability before investing -- is an extreme vote of
confidence for our business model," said Fulton Collins, HighTechCampus
president and chief operating officer. "Industry analysts project
that our space will be enormous, and now HighTechCampus has hit
its 'second wind,' in preparation for the long run." |
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| Dallas based Tobat Capital is an early stage venture
capital firm focused on the insurance and financial services sector. |
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| Tobat Capital General Partner, Scott Brock said,
"After a thorough analysis, we found a natural synergy between the HighTechCampus mission,
and our area of expertise. HighTechCampus offers corporations the ability to access high
quality risk management content via scalable and reliable technology. We feel this offering
is of great value to both insurance companies and end-users." |
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| HighTechCampus' curriculum is designed to train large
corporations in risk management and litigation avoidance. The HighTechCampus Web site serves as
a distribution system for more than 60 professional development and risk management courses. The
Internet delivery system provides expeditious, affordable delivery and helps clients curtail
travel budgets associated with more traditional training. |
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| Courses at the site cover topics most requested by
businesses -- to ensure better job performance and to reduce risk in an increasingly litigious
business climate. The company will continually augment its course offering, and expects to
double the number of titles in this quarter. |
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| Training courses at the site include business-
critical topics such as "Managing Anger At Work" and "Sexual Harassment In The Workplace."
The site also offers business skills courses including "Personal Leadership Power" and various
desktop applications. In addition, the combination of Internet accessibility and global
business expansion led to HighTechCampus' recent introduction of one of the first Spanish
translations of an e-learning course, now available for bilingual workforces. (A complete list
of courses is available at www.hightechcampus.com.) |
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| Each e-learning course is designed using an
accelerated learning approach to provide concepts, knowledge, skills and techniques that
can improve the performance, motivation and competency of individuals participating in the
training program.
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| HighTechCampus.com is a premier e-Learning solutions
provider that delivers engaging and interactive business skills content designed by experts
promoting lifelong learning, performance support and risk management. For more information,
visit the Web site at www.hightechcampus.com.
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