Investment Group of Santa Barbara Backs Mindflash

The Investment Group of Santa Barbara is the primary backer of a developer of online training software for corporations, which announced a funding round Thursday. Mindflash, a Silicon Valley-based developer of online software for learning management and developing corporate training, said it raised $3.5M during 2012 from the Investment Group of Santa Barbara. Mindflash develops software used by such companies as McDonalds and Lufthansa, to create online courses based on existing content, for employee and other training uses. More information »