Kahoot! adds $10 million of extension funding to its Series A financing round.
Kahoot!, an Oslo, Norway-based company providing a game-based learning platform, announced that it has added $10 million of funding to its Series A financing round. This Series A extension funding round was led by new private investors from Norway, together with current investors Microsoft Ventures, Creandum and Northzone.
The money will be used to further fund the product development and expansion of commercial activities. This round brings the total Series A funding to $20 million, including $10 million closed in September 2016.
Kahoot, launched in 2013 and led by CEO Erik Harrell, has developed a game platform that is used for education. The platform now hosts over 50 million monthly active users and a public library of over 20 million learning games, created and shared by fans in more than 180 countries. Kahoot has offices in Oslo, London, and Austin.