MONEY TO THE MACHINE: Learning Machine, a startup that uses blockchain to manage records in industries including higher education, has raised $3 million in a seed round led by PTB Ventures. Investors Omidyar Network and Learn Capital also participated in the round.
The New York City-based company, which also has employees in Seattle and Dallas, plans to use the funds to double its 14-person team “at least within a few months,” CEO Chris Jagers tells EdSurge. In particular, he wants to hire more people in customer success and product engineering. Current higher education institutions that use Learning Machine include Southern New Hampshire State University and Massachusetts Institute of Technology.
