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Startup Degreed Raises Funding at $1.4 Billion Value

  • CEO Chris McCarthy stepping down to focus on health issue
  • Former senior Box executive Dan Levin to take over as CEO
Corrected

Degreed Inc., a software company serving human resource departments, said it has raised $153 million from investors valuing it at more than $1.4 billion.

Its valuation rose from $710 million last year, the company said.