Top Hat raises $55M to expand digital courseware, OER
Top Hat, an ed tech company that specializes in creating open educational resources (OER), announced Tuesday that it raised $55 million in Series D funding. The fundraising round was led by existing investors Georgian Partners and Inovia Capital and includes debt and equity financing. The company said in a statement that the funding will help it expand partnerships with academic publishers and support its efforts to help instructors create and use digitized textbooks and OER.