DIGIEXAM: $3.5 million to Swedish startup, DigiExam in a Series A round led by a group of European and Asian entrepreneurs including Joen Bonnier of Bonnier AB, a Swedish media conglomerate of 175 companies across 15 countries. Spotify’s Chief Product Officer, Gustav Söderström, is among the seed investors who also contributed to this round.
Founded in 2011 by a pair of Stockholm School of Economics students who were fed up with completing exams by hand, DigiExam offers a digital solution to help schools replace pen-and-paper tests. Teachers can create, assign, grade, share and reuse digital tests; these exams can also be delivered offline. The tool currently works on Windows, OSX, iPads and Chromebooks.
DigiExam currently claims more than 1,000 schools in 45 countries as clients, including Columbia University. The company also has offices in London and New York.