Education startup Top Hat Monocle adds $1.1m follow-on to $8m series A.

Top Hat Monocle, a graduate business from the University of Waterloo’s accelerator programme, has landed $1.1m from venture firm Felicis Ventures in addition to a series A round held mid-2012.

During the series A round in July, the Canada-based startup raised $8m in a round led by Emergence Capital Partners with participation from venture firms iNovia Capital, SoftTech VC, Golden Venture Partners, and Version One Ventures.

The Totonto-based firm has now raised $10.6m in venture funding, which includes a C$1.5m ($1.49m) angel round held in July of 2011.

Top Hat provides an in-class and homework online study tool that can be accessed via smartphones and tablets. Students can use the platform to participate in polls, quizzes, interactive demonstrations, and discussion forums.

According to news provider TechCrunch, Top Hat has gone from 20 employees to 70 over the past year, and the platform is now used in 285 schools and campuses,…

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