Nasper invested company, Brainly, Acquires OpenStudy – US Social Learning Platform

Naspers have just made their first education technology investment in a company called Brainly. And now Brainly have just acquired OpenStudy. Read more about Naspers investing in Brainly here.

OPENSTUDY, a social learning network where students can ask and answer questions, has been acquired by Brainly, the Polish startup that offers a similar service (and recently raised a $15 million Series B to fuel this purchase). Terms of the deal were not disclosed.

Founded in 2007 by a Georgia Tech professor, an Emory University dean and a college student, OpenStudy claims to have “helped to date” 54 million learners on its Q&A platform. OpenStudy has raised $1.27 million from Learn Capital and the Gates and Hewlett foundations, on top of support from the National Science Foundation, the National Institutes of Health and the Georgia Research Alliance.

Brainly currently boasts more than 60 million users across 35 countries. For the time being, both platforms will operate separately, although the OpenStudy team will join Brainly.

View original article on EdSurge

By | 2016-10-13T09:22:10+00:00 June 23rd, 2016|