NYC-based micro-learning content platform Grovo has been acquired by Santa Monica-based Cornerstone OnDemand, a publicly traded learning and human capital management software company for $24M in an all-cash deal. The acquisition represents a tremendous discount in Grovo from previous valuations given that the company had raised a total of $70+M in funding.
Full coverage: Micro-learning Platform Grovo Acquired by Cornerstone OnDemand for $24M