The AI-based contextual insight service has closed a $33.6m round that included Stanford University, taking its total funding to almost $56m.
US-based cloud learning platform developer EdCast has secured $33.6m in a funding round that included Stanford University.
Diversified conglomerate Crescent Enterprises, analytics services provider Relx and telecoms and internet group SoftBank also took part, as did investment manager State Street Corporation’s State Street Global Advisors, London Fund, Mistletoe, Cervin Ventures and undisclosed others.
SoftBank and Relx invested through SoftBank Capital and REV respectively.
EdCast provides a cloud-based service that uses artificial intelligence and machine learning to aggregate content…
