- Grockit, the social learning startup behind Learnist, announced on Tuesday that it has raised $20 million in a Series E funding.
- The funding round was led by Discovery Communications, which will form a strategic partnership with Grockit to share technology, marketing distribution and promotion.
- As a part of the announcement, Grockit also indicated that it would redesign Learnist to veer away from its Pinterest-style look.
From the article:
Social learning startup Grockit on Tuesday announced a $20-million-dollar round of financing led by Discovery Communications. The company launched in 2007 to help students with text prep but with the May release of Learnist expanded to a wider audience of lifelong learners. ...