"So far the e-learning industry has seen a lot of hype and few successes. We’ve found a small Norwegian company with a unique and well-positioned product that is in demand from large European enterprises. We will be active investors and create a success with Mohive," says investment manager Bjørn Erik Reinseth at Ferd Venture.
The capital raised will be used for a strong expansion into the two largest European markets, United Kingdom and Germany.