Great Hill Partners, a Boston-based private equity firm, made the investment.
The company intends to use the funds to accelerate expansion and continue research and development into the application of machine learning and biometrics.
Led by Michael London, Founder and CEO, Examity provides colleges, employers, and certification providers with a flexible online proctoring and learning validation solution that encompasses a full range of proctoring modalities, from automated through to live, so exam administrators may choose the approach and level of security that best fits their needs.
This year, the company will proctor more than 2 million exams for higher education institutions including Penn State University, Texas A&M, and Western Governors University. It also supports a number of employers and certification providers, including Amazon and MongoDB, as they expand online learning to assess, promote, and credential individuals in the US and abroad.
Since its founding six years ago, Examity has partnered with 500+ institutions and certification programs worldwide.
FinSMEs
30/04/2019