HackerRank acquires edTech startup Mimir
Coding talent evaluation platform HackerRank is acquired a cloud-based platform for computer science courses, Mimir. According to HackerRank, the acquisition will help student developers to learn, improve and assess their skills to become career-ready.
Mimir LLC is an Indiana based edTech startup back by YCombinator and the Elevate Ventures Purdue Fund. Mimir Classroom provides the tools for instructors to efficiently teach Computer Science courses of any scale without compromising quality of education for students..
Notably, universities such as Michigan State University, Illinois Institute of Technology and Finger Lakes Community College leverage Mimir’s edtech platform to efficiently scale their computer science programs.
With this acquisition, the two companies will provide computer science classrooms programs with a comprehensive developer assessment platform, which is expected to allow students to better prepare for real-world programming and universities to more accurately evaluate student progress.
Further, highlighting how the acquisition of Mimir will help HackerRank, Vivek Ravisankar, cofounder and CEO of HackerRank said that the acquisition will allow the company to approach developers earlier in their education stage.
HackerRank, in February 2018, raised $30 Mn in Series C funding led by JMI Equity, a growth equity firm focused on investing in leading software companies. Prior to this, the hiring platform had raised $9.2 Mn Series B funding round led by Khosla Ventures and Battery Ventures. Further, in 2015, the coding talent evaluation platform had secured $7.5 Mn in funding as part of the strategic investment from Recruit Holding’s HR Technology Fund.