Top Hat Monocle closes $8M in series a funding
Top Hat Monocle, a mobile-based education platform that enables student engagement, today announced it has completed Series A financing. The $8 million round is led by Emergence Capital Partners and iNovia Capital, along with SoftTech VC, Version One Ventures (Boris Wertz) and Golden Venture Partners.
“We’re going to see more changes in the way students learn over next few years than we’ve seen in the entire last century,” said Mike Silagadze, CEO of Top Hat Monocle. “By giving students and instructors the chance to interact and innovate in their day-to-day classroom environment, Top Hat Monocle is helping turn education into a more fulfilling learning experience for all involved.”
The investment will allow Top Hat Monocle to further develop their product offering to improve student engagement both in and outside of class, as well as expand their sales and marketing efforts. Top Hat Monocle is also working with professors, textbook publishers and other content providers to build interactive content, which will be delivered through its platform.
Check out the full press release at MarketWatch.
*Be sure to check back tomorrow for our special edition Q&A with TopHat Monocle CEO Mike Silagadze