New York-based digital credential platform Credly raises $4.6 million in new funding

CREDLY, a New York-based digital credential platform, has raised $4.6 million in new funding, according to a press release. The round was led by New Markets Venture Partners. The company has raised a total of more than $7 million in financing.

“Credtech,” the type of technology Credly focuses on, claims to offer “technology that allows verified skills and credentials to be presented in a secure, portable manner.” The press release says professional associations, higher education institutions and training organizations are using “credtech” to make it “easier to identify and validate individuals’ skills learned on the job or in the classroom.”