Quizlet, a San Francisco, CA-based user-generated consumer learning platform used by high school students and college students, raised $20m in Series B funding.
The round was led by Icon Ventures, with participation from Union Square Ventures, Costanoa Ventures, Owl Ventures and Altos Ventures.
The company, which has raised $32m in total funding to date, intends to use the funds to accelerate artificial intelligence capabilities, build out its data science team and increase international presence.
Founded in 2005 by Andrew Sutherland and led by Matthew Glotzbach, CEO, Quizlet provides a user-generated consumer learning platform which uses activities and games to allow students to practice and master what they’re learning. With more than 200 million user-created study sets currently available, students and teachers can find content from others or create their own.
The company offers a combination of free and paid subscriptions for both students and teachers that enable further customization. Last year, Quizlet launched Quizlet Learn and Quizlet Diagrams, which use the machine-learning-powered Learning Assistant Platform to process data from billions of anonymous study sessions, and then combines that data with proven techniques from cognitive science to effectively help students learn.