Education startup Quizizz has raised $31.5 million as a part of its ongoing Series B round led by US investment firm Tiger Global Management, as it continues to draw investor interest towards alternative models of learning. Existing investors Nexus Venture Partners, GSV Ventures, and Eight Roads Ventures also joined the round along with new backers including Yahoo co-founder Jerry Yang. The fund-raise comes just three months after Quizizz announced it had raised $12.5 million as part of its Series A round in March this year. “In an average week, students around the world answer more than 300 million questions on Quizizz. The platform is powered by a global teacher community that has created more than 20 million quizzes and lessons at all grade levels.

Source: Mint June 29, 2021 17:37 UTC