March 21, 2016 | Israeli standardized test preparation startup LTG Exam Platform closed a $5.325 million in a seies A financing round led by Square Peg Capital and other investors including Atlas Venture, Jamie McCourt, Edward and Mitch Roberts, Margot Lebenberg Carter, Brian Shin and Eric Dobkin. Already used by over half a million students worldwide, LTG’s mobile apps for standardized test preparation provide a free alternative to test preparation classes can which can often cost students thousands of dollars. LTG designs its apps based on a proprietary algorithm that detects student’s individual learning patterns and dynamically optimizes the study process for that student. With the new funds, LTG will invest in creating an even more individualized approach for students by enabling developers to incorporate additional innovative features.
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