Video crowdsourcing platform Tongal has just raised an additional $5 million Series C Round from Insight Venture Partners. The site has now raised about $21 million in total, and CEO Rob Salvatore said he expects the startup to be profitable in the next several quarters. The capital infusion will be used to sell the platform to more brands.
When it comes to the collegiate lifestyle, it's all about being on-demand. Since the comforts of food, booze and hookups are all a click (or right-swipe) away, it was time to create an app to ease students' academic angst. LA’s new edtech startup, toot, looks to provide on-demand tutors to students in a pinch.