BlikBook Raises $1.3 Million
BlikBook is a social learning company that has raised $1.3 million in funding. Based in Ireland, BlikBook plans on using the funding as part of a plan to expand in the U.S. This round of funding was led by Leaf Investments with participation from the Bank of Ireland Start-up and Emerging Sectors Fund, Enterprise Ireland, and Forward Investment Partners.
Students and lecturers can set up Q&A rooms for specific courses using the service. Students can ask questions and receive answers for their peers and lecturers through the platform. Lecturers can highlight answers that they believe are interesting.
BlikBook’s co-founder and managing director Cheyne Tan said that the company is focused on increasing high-quality engagements by students. BlikBook allows students to post questions anonymously in order to drive that engagement.
The founders of BlikBook came up with the idea for the company when in school themselves. They found that students were asking questions to each other through e-mail chains and text messages. BlikBook started by having students asking questions questions around textbooks, but they learned that students preferred using the service for course-related questions. BlikBook makes money by setting up affiliate links for the textbooks. The company eventually plans on setting up analytics services for lecturers.
BlikBook currently has three employees in Dublin. The funding will be used for increasing their headcount to ten people. The founding team will continue working out of London, according to TheNextWeb.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry