Learning Seat

In the year 2000, as the dot-com boom was reshaping industries, a new player emerged in Melbourne, Australia: Learning Seat. The company focused on a critical, yet often overlooked, niche: online corporate compliance training. It provided businesses with digital tools and courses to navigate the complex world of workplace regulations. Over the next decade, Learning Seat established itself as a dominant force in its home market. It became one of Australia's largest providers of online compliance solutions, serving over 500 organizations across the corporate, government, and healthcare sectors. The company's library grew to hundreds of courses, making it an essential partner for businesses looking to manage risk and develop their workforce. Along the way, it attracted investment from notable backers including News Corp and The Riverside Company. The pivotal moment in the Learning Seat story arrived in December 2017. US-based CallidusCloud, a publicly listed company specializing in sales and marketing software, saw a strategic opportunity. CallidusCloud was expanding its own learning platform, Litmos, and identified Learning Seat as a perfect complement. For a cash price of $26.4 million, CallidusCloud acquired Learning Seat, instantly adding a robust library of compliance content and a strong foothold in the Asia-Pacific market. For Learning Seat, it was the culmination of 17 years of focused execution, ending not with an IPO, but with a strategic acquisition that plugged its specialized content into a global distribution machine.