4me Closes Another Funding Round to Further Fuel Growth
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PALO ALTO, Calif., May 25, 2021 /PRNewswire/ 4me®, a SaaS provider of next-generation Enterprise Service Management (ESM) solutions, has secured
$2.3 million in funding from Tornado Capital and Storm Ventures.
This investment comes after a very successful year where 4me saw revenue growth of over 50% and closed with a small profit. The additional funding will be used to grow all business areas from development and support to customer success, sales and marketing, primarily in the EMEA and APAC regions.
The 4me Service Management Solution
Tekie Raises $1 5 Million from GSV, Multiply Ventures and Better Capital adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
EdTech startup, Tekie, has raised $1.5 million in seed funding co-led by Silicon Valley-based GSV Ventures and Multiply Ventures, an early-to-growth stage fund by former e-commerce executives from Myntra, Paytm, Flipkart, and Alibaba. Better Capital has also participated in the round. Tekie plans to focus on expanding their product offerings and explore new revenue models. They have recently launched their B2B offering where they partner with schools to enable coding in their curriculum. NEP2020 has mandated schools to offer coding as a subject from class 6 onwards as part of 21st century skills. Siddharth Sharma, Pro-Vice Chairman of Delhi Public School, Ujjain commented, This is the first seed investment in India by GSV, a woman-led, multi-stage venture capital firm focused on the $7 trillion-plus education technology sector across Pre-K to Gray whose portfolio companies include Coursera, which recently went public, Masterclass, and Outlier .
Founded in 2017 by
IIT Delhi graduate Naman Mukund and SRCC alumnus Anand Verma, Tekie is a live coding platform that brings the art of storytelling to make learning a movie-like experience. The edtech startup has created the world’s first animated series on coding to teach text-based coding to kids.
Further adding, Naman Mukund said, “Having grown up in a digital-first world, the learning habits of students have evolved and the education system needs to keep up with the changing trends. Coding is not only an essential skill for the future but an effective way to build problem-solving and logical thinking among kids,