Top Hat Raises $10 Million Series B Round For Its Mobile Teacher Tools

Posted by Techvibes NewsDesk

Education startup Top Hat has raised a $10.5 million Series B funding round led by Georgian Partners and including previous investors Emergence Capital Partners and iNovia Capital.

Today’s round brings Top Hat’s total funding to $20 million.

Now used at more than 400 universities by some 300,000 students, Top Hat helps professors get real-time feedback, share homework, measure class participation and set up study tournaments.

Top Hat CEO Mike Saligadze told Re/code that the company will use the funds to add to its staff of about 90 and continuing its expansion into corporate training.

SEE ALSO: Formerly Top Hat Monocle, Top Hat Announces Rebrand and Free Pricing Plan

Top Hat is currently recruiting for 12 positions on the Techvibes Job Board.

Company:
iNovia Capital
Website:
http://www.inovia.vc
Location:
Montréal, Québec, Canada

iNovia partners with exceptional entrepreneurs to build successful companies in high-growth sectors. The team is comprised of entrepreneurs and sector experts focused on Mobile, Internet and Digital Media. iNovia has offices in Montreal, New York City and Calgary and invests across North America. iNovia has $275M under management across three seed and early-­stage funds. For more information, visit www.inovia.vc... more

Company:
Georgian Partners
Website:
http://www.GeorgianPartners.com
Location:
Toronto, Ontario, Canada

Georgian Partners is a growth equity firm investing in expansion and later stage enterprise software and information aggregation companies. Georgian Partners leverages its capital and its team of strong global operators to support the growth objectives of its investments. Georgian Partners is based in Toronto, Ontario. Georgian Partners. more

Company:
Emergence Capital Partners
Website:
http://www.emcap.com
Location:
San Mateo, California, United States

Emergence Capital Partners invests exclusively in early and growth stage technology-enabled services. The declining cost of IT infrastructure combined with pervasive connectivity has created opportunities for new companies with innovative business models to penetrate large markets and reorder the competitive landscape. Emergence has been at the forefront of this trend with early investments in SaaS, digital media... more

Company:
Top Hat
Website:
http://www.tophat.com
Location:
Toronto, Ontario, Canada

Top Hat helps make every lecture count by transforming students' mobile devices into powerful tools for active learning. Using Top Hat, professors can ask questions, moderate discussions, host tournaments and more to help professors teach and students learn more effectively. Top Hat is used in over 400 universities around the world, including Harvard, Stanford & the University of Waterloo. more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more




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