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Israeli Math Education App Developer Raises $45 Million from Investors

Education game developer Matific has raised $45 million from investors, which it says it will use to increase research and development activities in Israel.

Matific is a series of math video games developed by Slate Science. To date, 15,000 teachers use the games aimed at kindergarten through sixth grade to add a bit of fun to math. “Matific appeals to children’s love of playing games,” Slate Science CEO Guy Vardi said in a statement. “By making math interactive and hands-on, children learn the important fundamentals and enjoy the process of learning more. We’re proud of the product we’ve made and even more proud of the children who are learning because of it.”

“The current investment provides Matific with even more growth opportunities and allows us to expand our R&D center and global sales team,” added COO Gil Almog.

Slate Science was founded 2012, and the Matific website and apps were launched in late 2014.

(via Israel21c)

[Photo: Israel21c ]