San Francisco-based Grockit today announced closing an $8M Series B round from Benchmark Capital and Integral Capital Partners. Though the company is still in stealth mode while it develops its MMOLG (Massive Multi Player Online Learning Game), I had the chance to catch up with Founder/CEO Farbood Nivi. {disclosure: I'm an investor in Grockit.}
Seedwatcher: It's been 11 months since you guys closed your Series A, what made you think now was the best time to raise another round of funding?
SW: What does the Grockit team look like now?FN: We're at a little over 10 folks and our team straddles the line between technology and learning. The majority of our team is developers, but we have academic people and folks with specifically one foot in each camp.
SW: Recently, there's been some well-publicized turmoil over the scalability of Ruby on Rails with the recent explosive growth of Twitter. Are you concerned about Rails as a long-term choice for Grockit?
SW: You spent a good deal of time in the standardized test prep world, what is it about the current landscape that you saw was in need of disruption?
I think and hope that technology, namely the distributed web and carefully developed algorithms can help increase the efficiency in the market where those looking to learn can meet those look to teach. The efficiency I'm referring to is one of economics certainly, but more importantly one of maximizing the learning interactions.
We are all learners. We are ahead of other learners in one area, behind other learners in another. Those learners that dedicate themselves to teaching can offer an incredible value to the whole, but not if they are made to serve a system more than their learning opportunities.
SW: Where are the traditional players in this space, and how do you see them competing?
SW: You've adopted the term MMOLG (a play on MMOG) to describe the Grockit technology. What is it about game mechanics that appeals to you so much?
SW: Tell me something you've learned about starting a company that you didn't expect.
SW: What's been your biggest challenge as a company so far?
SW: You're building what you've called a "Learning 2.0" platform - what specifically will be different that existing online learning tools?
SW: How will Grockit's platform fit into a traditional learning environment like a school or university?
SW: When can we expect a public launch?




