The educational game portal, a spinout of Norwegian University of Science and Technology, pulled in $28m as investors also bought $62m of secondary shares.
Kahoot, a Norway-based learning assessment software developer backed by corporates Microsoft and Walt Disney, has raised $28m in a private placement featuring venture capital firm Northzone Ventures and company CEO Eilert Hanoa.
The placement consisted of 7.5 million new shares priced at $3.73 each, in addition to 16.5 million existing shares that were priced at $5.45 each. The company did not disclose the identity of the sellers.
Founded in 2012 as a spinout of Norwegian University of Science…
