Interplay Raises $18M for Enterprise VR Training Solutions
Interplay, an Austin, Texas-based startup developing a 3D and virtual reality platform for trade workers, today announced that it raised $18 million.
Founded in 2016 by Doug Donovan and Steve Quirk, Interplay provides online and virtual reality training for a range of skilled trades. Its digital learning simulations span HVAC, plumbing, electrical, facilities maintenance, and solar subject matter, letting customers practice hands-on learning and train to be job-ready.
Interplay, whose platform supports smartphones, tablets, and PCs in addition to virtual reality headsets, offers learning paths, or roadmaps created to help teams learn skills in the right order. It also allows managers to view the top users based on education credits earned in a timeframe and to administer tests that assess skills and abilities, with an automated system that instantly generates a report.
“Skilled workers have been overlooked by edtech innovation and the venture community,” Donovan said. “Most investment has been in digital skills or knowledge skills companies. Interplay Learning is in unique position to serve the electrical, mechanical and industrial market at scale.”
The company says it’ll use the proceeds to move into new markets and further develop its existing products.
Announcement: Interplay Raises $18M for Enterprise VR Training Solutions