BlikBook, the London-based technology company, announced its intention to venture into another round of financing to back up its business' significant growth.
The online engagement platform utilized in the higher education sector seeks to generate US $1.3 million (Eur 1 million) thus increasing its total funds to over US $2 million (Eur 1.5 million) since its launching in 2010.
Leaf Investments led the new round together with Delta Partners and Enterprise Ireland. Forward Investment Partners, BlikBook's existing investor, also took part in the deal.
In a statement published through peHUB, BlikBook revealed that the proceeds of this financing effort will be used for investment as well as to strengthen its London team and establish headquarters in Dublin, Ireland.
"Our technology enables universities to improve student engagement, quality ratings and academic performance through an easy to use digital platform for knowledge sharing between lecturers and students. This investment gives us a great boost as we seek to expand further in the UK and Ireland,"
Cheyne Tan, co-founder and Managing Director of BlikBook, said.
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