We don’t know much about Grockit. The company is creating a new way to get people to learn online, and has spent the last year working away in stealth mode. Whatever it is, it’s apparently impressing investors: Grockit just raised $8 million in Series B funding from Integral Capital and Benchmark Capital, bringing its total to $10.7 million – impressive for a product that has yet to see the light of day.
According to the company’s press release, Grockit is “a MMOLG (Massively Multi Player Online Learning Game) where people can connect to learn from each other”. The company hopes to release the product this fall.
Grockit originally launched in November 2006 as an online exam-prep class that competed with companies like Kaplan and The Princeton Review. In July 2007 Grockit announced that it had scrapped that idea in favor of their current plan, and raised a $2.7 million Series A round led by Benchmark and angel investors.
The company was founded by Farbood Nivi, who taught in the exam-prep business for years, and Michael Buffington, an experienced Rails developer.
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