GeoLearning Inc. today announced that it has secured a growth equity investment of $31 million from Fidelity Ventures. The funds, which represent the first institutional investment in GeoLearning, will be used to help the company accelerate its sales and marketing efforts, continue to build its international presence and increase the number of organizations that resell its products and potential acquisitions.

The company, a leading provider of managed learning services and on-demand learning and performance platforms, also announced that Fidelity partner Roger Hurwitz has joined its board of directors.

GeoLearning’s products and services are used by more than 500 corporations, government agencies and nonprofit organizations to manage and deliver a broad range of learning and development services. In addition, GeoLearning has established a broad partnership network with more than 50 vendors.

“In Fidelity Ventures, we found the ideal financial partner to help us maximize our long-term growth strategy and build value for our customers,” said GeoLearning President and CEO Frank Russell in a release. “Their industry expertise and access to global resources will be a tremendous asset as we seek to expand our business and serve more customers in the nearly $2.4 billion learning industry.”