Yellowdig raises new funding


 

What does Yellowdig do?

Yellowdig, is a software as a service provider of a leading social learning platform. This social collaboration tool is bringing real time knowledge into the classroom. It brings knowledge from outside of the class into the course content. This platform is transforming the classroom into a learning community where students can learn from any source, anywhere, anytime and from any device. This is a digital platform for perpetual and active learning. Their team believes that there is something magical about peer learning. Idea exchanges, casual conversations or occasional debates help in forming a meaningful bond between learners, which in turn makes learning real and more fun.

How much Yellowdig was funded?

The company raised an undisclosed amount in an undisclosed round on September 22, 2016 from QB1 Ventures and Rosecliff Ventures.

Previous funding

$1M on July 18, 2016 from SRI Capital

What is next for Yellowdig?

Yellowdig plans to use the latest funding raised for accelerating business development and for further building out its technology platform. The company is rapidly signing long term contracts with a lot of top notch Universities in the US and has a robust sales pipeline. One of US’s leading universities, Northwestern University, is one of this company’s early clients, and it has recently released a video tutoring their good experiences with the company. Staff, students and faculty are using this platform for creating a social learning experience, empowering staff and faculty for serving their students in ways which were though not possible and for engaging students. Following its success in this university and a lot of other top notch universities, the company aims in rapidly expanding its reach to many of the top hundred universities in United States.

More about Yellowdig

Yellowdig was founded in 2014 by Shaunak Roy and Ravindra Jaju. It has its headquarters in Philadelphia, Pennsylvania.