WizIQ Nabs $4M Series B

WIZIQ: $4 million to Chandigarh, India-based WizIQ in Series B round from education-focused PE firm Kaizen, with German media conglomerate Bertelsmann also participating. WizIQ is an online education platform that offers tools to help teachers around the world run virtual classrooms. As part of the deal, authorSTREAM, an online platform for PowerPoint users around the world to share and collaborate on presentations, will merge into WizIQ. More details in the press release.

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