Intel Capital today announced a $20 million investment in Kno Inc., an education software company. The investment is part of a $30 million Series-C round led by Intel Capital, which includes participation from Andreessen Horowitz, Advance Publications, First Round Capital, FLOODGATE and SV Angels. Kno will use the funding to develop its innovative educational software solutions for multiple platforms, including Intel architecture.
Kno, short for knowledge, is an education software company on a mission to make learning engaging, effective and social for students. The companies will work together to address the growing interactive and 1:1 student learning environments by exploring opportunities to make Kno’s touch-based applications available for Intel’s educational platforms.
Kno started up with the aim of recreating the textbook environment properly with either one or two 14-inch screens that could render a complex book without having to crop or otherwise lose detail. The size and a mixture of finger and pen touch support, however, contributed to a minimum asking price of $599 for the single-screen model.
“Intel and Kno have a shared goal of accelerating the global education technology market so we are very pleased to have Intel Capital’s support,” said Osman Rashid, CEO and co-founder, Kno Inc. “Kno’s software makes learning more engaging, effective and social for students, which we believe has the power to transform how students learn.”
