Mindflash Collects $4M


Palo Alto, CA-based Mindflash, which makes software that helps companies develop and administer online training courses, said this week that it has raised $4 million in new funding, bringing the total raised since December 2009 to $9 million. Previous backer The Investment Group of Santa Barbara led the round. The new capital will position Mindflash to “further disrupt the online training industry by pushing the boundaries of how people think about and execute on-the-job learning,” Mindflash CEO Donna Wells said in a statement.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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