Milwaukee-based software startup Forj announced Thursday the completion of a $15 million Series A funding round. Following the close of the funding round, Forj also announced the acquisition of Madison-based Web Courseworks, a learning management system. Terms of the deal were not disclosed.
Forj provides a virtual events and member experience platform for associations and professional community organizations. Web Courseworks’ learning management system CourseStage LMS is used by organizations of all sizes to build a learning business and track education outcomes for proven success. Both companies will become one entity under the Forj name.
Forj’s acquisition of Web Courseworks will allow the company to deliver community-driven learning that enables its clients to reduce churn, grow membership and generate non-dues revenue.
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