LimberLink Technologies has raised an undisclosed amount of funding from Accel Partners. While the exact funding amount wasn’t disclosed by the company, a report from The Economic Times suggests the number to be around $2 million (Rs 10.8 crores), citing a source with direct knowledge on the deal.
Bangalore-based LimberLink currently offers an apprentice program called ‘Jed-i‘ (Joy of Engineering, Design, and Innovation) which delivers engineering content to engineering students through a flipped class room model. The company offers various programs for the first year and the third year (CSE and ECE) engineering students and claims to provide a conceptual and hands-on learning experience to students through this initiative.
Thodios: The company delivers the education content through an in-house interactive video technology called ‘Thodios‘ which, according to the company, is an amalgamation of thoughts and audio. Each concept is explained through multiple thodios which are usually less than 10 minutes each. What’s interesting about these videos is that the text in the video is completely interactive and allows students to go to any specific section of the video. For instance, students can hover over any specific step in a math problem to jump to that part of the video.
Limberlink claims to have partnerships with companies like Nvidia, Sasken and Myntra and is running this program in two Bangalore-based Engineering colleges – People’s Education Society Institute of Technology (PESIT) and Nitte Meenakshi Institute of Technology (NMIT), as indicated by the report.
LimberLink was started in 2009 by two IISC professors and ex-Geodesic employees Swami Manohar and V Vinay. Geodesic had acquired their first startup PicoPeta Simputers for $7 million in November 2005.
Similar offerings: Other companies that offers a virtual education delivery platform include the Sequoia-backed Edusys which had raised $7.5 million in February 2012, CarveNiche which had raised $0.2 million from Mumbai Angels in Feb 2012 and Edukart which offers courses in Retail Management, Finance Management, Project Management, Digital Marketing, Software Engineering, and Entrepreneurship, among others.