Honorlock Raises $25M in Series B Funding

Honorlock

Honorlock, a Boca Raton, Fla.-based authentication and academic integrity platform, raised $25m in Series B funding.

The round was led by Owl Ventures with participation from Defy Partners, Arsenal Growth and existing investors.

The company intends to use the funds to further accelerate growth and enter new markets.

Led by Michael Hemlepp, CEO, Honorlock provides a proctoring platform that enables academic institutions and organizations to offer remote assessments while protecting exam integrity and creating a fair and equitable environment for learners.

The company’s cloud-based proctoring system integrates with learning management platforms.

Customers include University of Wisconsin, University of Florida, Georgia Institution of Technology and Texas A&M, among many others.

FinSMEs

27/04/2021