July 28, 2015
Acrobatiq, a leading provider in the rapidly growing adaptive learning market, announced today the successful completion of a $9.75 million Series A round of funding. The funding will support the growth of the Company’s next-generation adaptive learning and analytics platform, as well as sales and marketing initiatives. Acrobatiq’s adaptive courseware and platform have roots in twelve years of groundbreaking research from Carnegie Mellon University’s Open Learning Initiative, using cognitive and learning sciences research to improve student outcomes.
Participants in the round included Draper Triangle Ventures, Hearst Ventures, and the Bill & Melinda Gates Foundation.They join existing investor Carnegie Innovations, a subsidiary of Carnegie Mellon.