On November 19th, Pluralsight, a global leader in online learning and development platform, acquired Smarterer, a modern solution to assessing the technical skill of employees and candidates relative to their peers, according to Zachary Allen with Method Communications.
Pluralsight, which was founded in 2004 and based in Utah, is the world’s largest professional development platform for IT specialists, professional software developers, and creative technologists. It offers access to over 3,500 courses prepared by leading experts in their fields and delivers hands-on, practical training for IT jobs.
Boston-based Smarterer is Pluralsight’s fifth acquisition in fifteen months, but its first foray into the world of workforce planning, rather than online education services. The move represents the company’s with to help “individuals and enterprises better understand and address the gap between skills they have and skills they need,” states Allen. It will also allow organizations to be equipped to prove their skills against co-workers, competitor, and industry standards.
Pluralsight recently raised $135 million in Series B funding led by Insight Venture Partners, ICONIQ and Sorenson Capital, which enabled them to proceed with the $75 million acquisition of Smarterer. Smarterer accesses the latest crowdsourced tests, which pulls from a community of employees and consumers has taken 1.7 million tests, answering over 56 million questions. The test can quantify an individual’s skill in as few as ten questions can take as little as 120 seconds. Smarterer will continue to operate under its own name, working with global Fortune 500 companies, education providers, and talent platforms, such as Elance and Care.com.
“Change is the only constant today. Employment skills are evolving more rapidly than ever,” said Dave Balter, co-founder and CEO of Smarterer. “We are thrilled to partner with Pluralsight as the momentum heats up in online learning. Together, we can fast-track Smarterer’s trajectory, providing individuals and employers with assessments tools that serve as a respected barometer for skill measurement.”
“The assessment capability Smarterer provides is invaluable in this tech-reliant era, enabling individuals and companies to measure talent and change in pace with their constantly innovating industries,” said Aaron Skonnard, co-founder and CEO of Pluralsight. “We are excited to fuel Smarterer’s growth and help establish an industry standard for skill assessments and measurement. Smarterer’s distinctive technology paints a clear picture of true skill level, and creates opportunities for more efficient workforce planning and individual self discovery.”
With Smarterer’s technology, individuals and corporations can “continuously capture new developments as today’s most relevant skills evolve,” states Allen.