Degreed raises $75 million to plug employees’ skills gaps

Degreed, a learning and skills tracking platform for workers, has raised $35 million in an equity round of funding from Owl Ventures, Jump Capital, Signal Peak Ventures, GSV Accelerate, and Alliance Bernstein. The company also raised $40 million in debt financing from Alliance Bernstein Growth Stage Capital.

Founded in 2012, San Francisco-based Degreed aims to help employees develop the skills needed to advance their careers. Through the Degreed app, users select a “role” — their current job or a position they are working toward — and then any specific skills they’re looking to develop.