Salt Lake City Utah based Derivita is raising $6,000,000.00 in New Equity Investment.
Salt Lake City, UT – According to filings with the U.S. Securities and Exchange Commission, Derivita is raising $6,000,000.00 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 educational technology company based in Salt Lake City, UT and founded by the cofounder of Instructure and the Canvas LMS, Devlin Daley, and former Googler, Ryan Brown. Derivita is a first of its kind math platform with a proprietary computer algebra system. Built for K12 and College/University educators, Derivita provides an immense library of 40,000+ math questions. Homework assignments, quizzes, and exams can be created in minutes and instantly added to a course without ever leaving the LMS. Student submissions are entirely auto-graded and students are provided with immediate, targeted feedback. Derivita can be used with any textbook, seamlessly integrates with any LMS, and can be accessed on any device including laptops, tablets, chromebooks, and smartphones.
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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