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This article helps provide funding data for part 8 of my annual review of the year in ed-tech

The following “proctoring” and testing startups raised funding in 2016:

  • ProctorExam ($550,000) – investors were not disclosed
  • ProctorFree ($1,290,000) – investors include Real Ventures and Task Force X Capital
  • DigiExam ($3,500,000) – investors include Gustav Söderström, John Bonnier, Sophia Bendz, and Sven Hagströmer
  • Gradopedia (undisclosed) – investors were not disclosed
  • MasteryConnect ($4,500,000) – investors include Catamount Ventures, the Chan Zuckerberg Initiative, the Dell Foundation, Pelion Ventures, and Trinity Ventures
  • Formative ($2,000,0000 – investors include the Jefferson Education Accelerator
  • Panopto ($5,000,000) – investors include Sterling Partners and Square 1 Bank

Acquisitions include Performance Matters (acquired by Weld North), GL Education (acquired by Levine Leichtman Capital Partners), WebAssign (acquired by Cengage), Astute Technology (acquired by Echo360)

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Audrey Watters


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Ed-Tech Funding

A Hack Education Project

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