Videocation raised NOK 14M from Kolberg Gruppen and existing investors.

Videocation, an Oslo, Norway-based provider of corporate training materials, secured a capital raise of NOK 14M ($1.5M).

The money was raised from the local company from Norway Kolberg Gruppen, and included contributions from existing investors in the company.

Videocation, founded in 2015 by Sigbjørn Petter Eilertsen, Truls Paulsen, Even Bolstad and Terje Seljeseth and led by CEO Marius Olsen, operates a digital learning platform that develops, quality assures and publishes online courses for the Norwegian corporate and retail market, as well as the public sector.

Earlier in 2020, Videocation added funding from Finn.no.