Sandy, UT – According to filings with the U.S. Securities and Exchange Commission, Derivita is raising $5,300,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Devlin Daley played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Derivita

Derivita is an education technology company based in Salt Lake City founded in 2018 by Devlin Daley, cofounder of Instructure and Ryan Brown, former Google engineer. While working with hundreds of higher education institutions, Devlin discovered that there was a significant need for better math homework software. Derivita provides a powerful computer algebra system that supports deeper and more complicated question types with an elegant user interface improving the teacher and student experience. Derivita can also be used with any publisher’s textbook and open education resource (OER) and seamlessly integrates with the school’s learning management system (LMS).

To learn more about Derivita, visit http://www.derivita.com/

Contact:
Devlin Daley, Chief Executive Officer
801-851-5522
https://www.linkedin.com/in/devlindaley/

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