Quizlet valued at $1 billion as it raises millions during a global pandemic

Quizlet valued at $1 billion as it raises millions during a global pandemic

4 years ago
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https://techcrunch.com/2020/05/13/quizlet-valued-at-1-billion-as-it-raises-millions-during-a-global-pandemic/

As millions of students and teachers shift to learn from home in response to the novel coronavirus disease, modern-day flashcard business Quizlet has raised $30 million in a Series C round led by General Atlantic.

Quizlet’s chief executive officer Matthew Glotzbach said that the new funding values the business at $1 billion, up five times from its last funding round in 2018. Quizlet’s total known financing is more than $60 million.