Atomico et al. invest £3.4m in Quipper
Existing investor Atomico Ventures has taken part in a £3.4m funding round for Quipper, a London-based developer of mobile educational content.
The fresh capital will be used to further Quipper's internationalisation plans. The company will also put the money towards the general development and improvement of its products.
Previous funding
Atomico and Japanese firms Globis Capital Partners and Bennesse Holdings previously invested £2.3m in Quipper in May 2012, according to unquote" data.
Company
Founded in 2010, Quipper develops educational content for mobile. The e-learning software allows users to create content, as well as learn or teach via the content. Teachers and parents can monitor children's activity and progress through the app.
The company employs 40 staff and is headquartered in London with an additional office in Japan. Quipper claims its apps have been downloaded more than 8.5 million times.
People
Masa Watanabe is the founder and CEO of Quipper. Atomico partner Hiro Tamura represented the firm in the previous funding round.
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