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UNQUOTE
  • CEE

General Catalyst leads $9m series-A in Brainly

  • Ellie Pullen
  • 16 October 2014
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General Catalyst Partners has led a $9m series-A round for Brainly, the Polish operator of a social learning network, alongside Runa Capital, Point Nine Capital and Learn Capital.

Runa, a new backer of the company, invested via its new $200m Runa Capital II fund, which held its first close in June.

Brainly plans on using the funds to expand its US operations by opening a new office in New York. The company is hiring a US-based executive team to head up the new base, including a vice president of marketing, vice president of product and vice president of user experience.

Previous funding
In September 2012, Point Nine took part in a $500,000 funding round for Brainly alongside several private investors.

Company
Founded in 2009 and headquartered in Krakow, Brainly operates a social learning network for students, designed to allow students to ask questions and help each other with homework.

The company's service is now available in 35 countries across Europe, South America and Asia, including Russia, the Philippines and Brazil. Brainly claims to have around 30 million unique monthly users and says that 8,000 questions are asked on the Brainly sites per hour.

People
Michal Borkowski is the CEO of Brainly. General Catalyst principal Nitesh Banta and managing director Adam Valkin have joined the company's board of directors. Andre Bliznyuk is a partner at Runa.

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