Techno-News Blog

October 30, 2014

Adaptive Math Learning Platform KnowRe Raises $6.8M

Filed under: Uncategorized — admin @ 12:20 am

by Catherine Shu, Tech Crunch

KnowRe, an online math learning site for secondary students, has raised a new round of $6.8 million. The funding was led by returning investor SoftBank Ventures Korea, with participation from KTB Network Partners Fund, Partners Investment, and SparkLabs Global Ventures. In a statement, KnowRe co-founder and co-CEO David Joo said the company’s Series A “allows us to scale our distribution in the U.S. on the heels of strong demand from schools and districts at our launch and further our product development and offerings for the U.S., Korea, and broader Asian markets.” KnowRe was first profiled by TechCrunch in January 2013, when it raised $1.4 million from SoftBank Ventures Korea for its adaptive learning platform. The site’s technology personalizes lessons for each student depending on their progress. The platform is intended to be used by teachers as part of homework assignments or with tutors and educators during classes.

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