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Riiid raises $175 million in new funding from SoftBank Vision Fund 2 Aiming to solidify its technological and industrial leadership in the field of AI for Education with accelerated global delivery of AI-based personalized learning and assessment News provided by Share this article Share this article SEOUL, South Korea, May 24, 2021 /PRNewswire/ -- Riiid Inc ("Riiid"), a leading AI education company and a member of Born2Global Centre, has raised $175 million investment from SoftBank Vision Fund 2*. To accelerate the pace of capturing opportunities in the global education market, SoftBank Vi...

Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets “AI is eating the world of education,” Riiid co-founder and CEO YJ Jang notes in his biographical description on his LinkedIn profile, and today his startup — which builds AI-based personalized learning, including test prep, for students — is announcing a major funding round to help it position itself as a player in that process. Seoul-based Riiid has closed a funding round of $175 million, an equity round coming from a single backer, SoftBank’s Vision Fund 2. The funding is coming ...

Tuesday, May 4, 2021 A disputed vote to remove Greg Moon from the Eureka Springs City Advertising and Promotion Commission was the center of discussion at a two-hour hearing Tuesday morning in a lawsuit challenging Moon’s removal. Carroll County Circuit Judge Scott Jackson presided over the emergency hearing at the Carroll County Western District Courthouse in Eureka Springs. Moon’s removal is just one of several issues raised in the lawsuit, which local attorney Tim Parker originally filed March 10. Plaintiffs in the lawsuit are Moon, CAPC finance director Rick Bright, group sales coordin...

Tuesday, April 27, 2021 City officials named as defendants in a lawsuit centered around the Eureka Springs City Advertising and Promotion Commission have responded to the complaint, asking that the suit be dismissed. Eureka Springs attorney Tim Parker filed the suit on March 10 in Carroll County Circuit Court on behalf of Greg Moon, CAPC finance director Rick Bright, group sales coordinator Karen Pryor, former interim executive director Gina Rambo and former special events coordinator Tracy Johnson. Defendants in the lawsuit are Eureka Springs mayor Butch Berry; his administrative assistant K...

Thursday, April 29, 2021 A disputed vote to remove Greg Moon from the Eureka Springs City Advertising and Promotion Commission was the center of discussion at a two-hour hearing Tuesday morning in a lawsuit challenging Moon’s removal. Carroll County Circuit Judge Scott Jackson presided over the emergency hearing at the Carroll County Western District Courthouse in Eureka Springs. Moon’s removal is just one of several issues raised in the lawsuit, which local attorney Tim Parker originally filed March 10. Plaintiffs in the lawsuit are Moon, CAPC finance director Rick Bright, group sales coor...