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Exclusive: Digital Assess secures $3m investment

Online assessment firm TAG Assessment has rebranded as Digital Assess and secured $3 million (£2 million) in new investment.

The UK firm will use the funding, which comes from new and existing shareholders, to enter new markets.

The company has also strengthened its team, hiring Geoff Chapman and Craig McWilliam as business development officer and ELT business development manager last month. 

It follows the appointments of Eoin Geraghty as business development director and Simon Grundy as director of customer experience in March. 

Digital Assess offers online assessment tools for accreditation bodies, the vocational and higher education spaces.
 
Its technology facilitates project work, collaboration, evidence gathering and assessment.

According to the firm Oxford, Cambridge and RSA Examinations (OCR) has put 50,000 students through courses using Digital Assess.

Chairman and chief executive Dan Sandhu said: “The support from existing and new stakeholders is a great validation of our technology, the market opportunity for Digital Assess, and the difference it will make in supporting learning. 

“I have great confidence in our team, and believe that we really can make a difference to how evidence-based assessment is carried out both in the learning and vocational environments, equipping learners with the skills they need to succeed.”


Posted on: 03/06/2015




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