Thursday, November 7, 2019

Kajabi Gets Funding From Spectrum Equity

Irvine-based Kajabi, which develops a platform that helps both individuals, as well as small- and mid-sized businesses monetize online courses, training materials, and other content, has receive an investment from private equity investor Spectrum Equity. Financial details of the minority growth investment were not announced. Kajabi said the funding is its first institutional funding since it launched in 2010. Kajabi, which is led by co-foudner and CEO Kenny Rueter, said the funding will go towards providing its products to users worldwide. As part of the funding, Spectrum Equity's John Connolly and Steve LeSieur will join the company's board.

---