Honorlock, a Boca Raton, Fla.-based online proctoring service for educational institutions to protect academic integrity in online assessments, raised $11.5m in Series A funding.
The round was led by Neil Sequeira from Defy Partners. In conjunction with the funding, Steve Miller, founder of Highwinds and Omnicron, Neil Sequeira, co-founder of Defy, and Thomas Whytas, former CFO of METI, joined Honorlock’s board.
The funding will be used to accelerate the company’s growth, technology and expansion into new markets.
Led by Michael Hemlepp, CEO, Honorlock is a cloud-based proctoring system that integrates with a school’s learning management system. Its hybrid proctoring model combines AI and machine learning with live proctors to thwart cheating while delivering a non-threatening online testing environment for honest test-takers.
Clients include University of Florida, the University of North Alabama and Florida International University.
FinSMEs
19/03/2020