LTG Exam Platform (LTG), a Boston, MA-based standardized test app developer, received a new strategic investment that brings its total seed funding round to $3.6m.
Current investors included Atlas Venture and Living Mountain Capital, new investors Edward Roberts, and Mitch Roberts.
The company intends to use the funds to expand its engineering and product staff in Israel and Boston to add new apps to its lineup, and drive growth of its free Prep4SAT and Prep4GMAT apps.
Led by Elad Shoushan, founder and CEO, LTG Exam provides Prep4GMAT and Prep4SAT apps which feature flashcard and practice quizzes which leverage the patented Label Study Method, a text-processing module that highlights words in practice questions to the concepts being tested, adapting problem sets to how each student learns.
The apps are both available for free on iOS and Android.
FinSMEs
30/07/2015