Acrobatiq, a Pittsburgh, PA- and New York City-based provider of an adaptive learning platform, completed a $9.75m Series A round of funding.
Backers included Draper Triangle Ventures, Hearst Ventures, and the Bill & Melinda Gates Foundation, which joined existing investor Carnegie Innovations, a subsidiary of Carnegie Mellon.
The company intends to use the funds for the growth of its adaptive learning and analytics platform, as well as for sales and marketing initiatives.
Led by Eric Frank, CEO, Acrobatiq provides data-driven adaptive platform, learning analytics and curriculum solutions offering real-time and detailed measurement, analysis and visualization of student learning performance.
They are used by a number of institutions and faculty across a spectrum of educational delivery models including community colleges, such as Rio Salado College; competency-based learning programs, such as Western Governors University; and large public non-profit institutions, including Arizona State University and the University System of Georgia.
FinSMEs
28/07/2015