Kahoot-the adventure continues, writing nyhetsnettstedet the Shifter.
This fall, when the Norwegian learning platform 33 million monthly active users. The brand has grown particularly strong in the united STATES – the closest to a “popkulturelt phenomenon”.
I don’t think the norwegians or europeans realize how big Kahoot has been in the united STATES, ” said Kahoot-chief Johan Trademark to the Shifter earlier in the year.
Now the company has obtained ten million dollars in a new fundingrunde. Among the investors in the new round is Creandum and Northzone, which is inside the Kahoot from before. The last major Microsoft Ventures, the new investeringsarmen to the global IT giant.
Get the Microsoft insights
co-Founder and ceo Johan Brand in the Kahoot don’t want to make too much out of that it just is Microsoft that goes into the ownership. He emphasizes that Microsoft has been busy of Kahoots independence, and that none of the parties want that the Norwegian company will be branded as a “a Microsoft company”. But the Brand is still clear that Microsoft’s vast network and knowledge will come in handy when the Kahoot is to be developed further. While at the same time it is also not possible to get a more obvious seal of approval, according to Kahoot-the boss.
– Microsoft has a vast insight in the market. When the world’s largest IT company validates what we are doing, it is very good. We can’t get a better confirmation that we are doing the right things, believe the Trademark.
He believes Microsoft can help with several things into Kahoot – among other things, with the expertise of the work in “the cloud”.
Still gründerledet
Trademark will not get into detail on eierprosenter and valuation of the company. He emphasizes that Microsoft will be a minoritetseier. Trademark believes that the Norwegian entrepreneurs have been very good “terms”, and that the Kahoot is still a gründerledet company.
– It means that “all parties are equal”, says Brand.
Fredrik Cassel of Creandum and Tellef Thorleifsson of Northzone has been central in kapitalinnhentingen.
the Product was launched in 2013. The learning platform has over 30 million monthly users, and a library of over ten million læringsspill, made and shared by users in 180 countries.
Trademark are delighted that Creandum, who came in last fall, now wants to bet further.
– Ne,ttverket and the competence of their has been very good for us in the last 12 months, ” says Brand.
Through the Creandum has Kahoot built ties to the management in the nordic startups that have come a long way, as for example Spotify. With Microsoft as a shareholder, it can help Kahoot with the entry of global companies such as LinkedIn.
Is in Norway
Kahoot has employees in a number of cities in the united STATES and half of the staff sitting in London, but its head office is located in the centre of Oslo, across from the arbeidsfellesskapet Mesh. The strategy is to use Norway as a sandbox for playing with various concepts, before Kahoot takes it out in the global market.
The new money will be used to develop the learning platform further and build a “global team”. This fall rolls Kahoot out new concepts. Quiz-the format has been Kahoots way into the market. In the autumn of the laws Brand new spillformater. The goal is to provide teachers and players more variety.
We are continually developing new concepts, but we are careful not to drop the in the market before we know that they work educational, ” says Brand to the Shifter.
Nice combi
Trademark think the combination between the “hjemmestøtten” from nordic investors and foot in the door in Silicon Valley is ideal for growing further.
– Some might think that Microsoft’s ownership is the first step towards an acquisition?
It may, but it may also be that other investors will receive up your eyes and thinking that “this will we have”. Kahoot is well-known among senior officers of the major us IT companies.
at the same time think the Brand that the investment from the Microsoft Ventures can be good for Norwegian companies. It is the fund’s first company in the Uk, and perhaps there may be more after.
Enthusiastic investors
Neither Creandum or the Microsoft Ventures saves on the gunpowder when they tell what they feel about their past investment.
We are thrilled to be able to support Kahoot on their “mission” to reform education and to contribute to inspirational learning the world over, ” says Nagraj Kashyap, president of Microsoft Ventures, in a message from Kahoot in the evening.
Kahoot is a world leader in engaging and interactive learning. The platform has spread from teacher to teacher, and have “taken over the world”, says partner Fredrik Cassel at Creandum.
He also gives a hint about the ever-recurring question of the Kahoot, from some journalists. The question of when to make money. Cassel is looking forward not only to current free Kahoot, but look forward to premiumproduktene that the company has at the time.
the Case was published only on the the shifter.en , a website about startups and the new economy.
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