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TechCrunch: Educational gaming platform Kahoot! acquires math app maker DragonBox for $18M


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TechCrunch: Educational gaming platform Kahoot! acquires math app maker DragonBox for $18M

Business

Category: Business News

Kahoot, the popular e-learning platform that provides a range of games to teach subjects (it has described itself as the “Netflix of education”), has made its first acquisition: it has acquired DragonBox, a startup that builds math apps, for $18 million in a combination of cash and shares.

Åsmund Furuseth, Kahoot’s CEO and co-founder, said in an interview that the deal was being done at an uptick to Kahoot’s previous valuation of $376 millon; the bigger company is now creeping up to $400 million.

Read entire article HERE.

Source: TechCrunch

Published: May 9, 2019