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Online Education Platform WizIQ Raises $4M Series B To Bolster User-Base, Led By Indian Private Equity Fund Kaizen

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http://techcrunch.com – WizIQ, an online education platform which provides virtual classroom software for teachers and trainers at school and university level has raised a $4 million Series B round. The funding was led by Kaizen, an Indian private equity fund focused on the education sector. German-based global media company, Bertelsmann, also participated. WizIQ said it will use the funding to bolster its position in the online education platform space — noting that, as part of the investment, authorSTREAM, an online platform for PowerPoint users to share presentation-based content, will merge into WizIQ, gi (IT news)