Crowdmark Raises $600K to Simplify Grading

CROWDMARK: $600K seed round to Toronto, ON-based Crowdmark from a crowd of investors and programs, including University of Toronto (UT) Early-Stage Technology (UTEST), MaRS Innovation, UT's Connaught Fund and others, reports Canada Newswire. The two-year old startup founded by James Colliander, who we covered back in March, offers a tool that makes grading large volumes of hand-written tests more efficient. Markers participating in nationwide and local pilots reported that the tool helped cut their time grading by half--sometimes more.

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