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It should also help it develop its product range.
Studypool plans to put the seed funding to use to continue to grow it user base and develop its product, the latter which will include a redesign of the current website and the introduction of a native mobile application.
In addition, it plans to further develop its product and technology, including adding more curation, personalisation and social shopping features.
The company today announced it has raised a $3 million Series A round, led by True Ventures, that will allow it to continue to develop its product.
By choosing to develop its product on top of WebKit, it is, in essence, giving up.
And of course, bringing in new talent will not only help Malwarebytes develop its product further, but will help it keep its own house in order.
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Kavalan is part of a larger trend in which distilleries pop up in unlikely locales worldwide, said Jim Swan, a whisky consultant who has worked closely with the Taiwanese company to help develop its products.
The idea is to further develop its products which are designed to perform staff appraisals and something called "talent planning".
Jongla says today's investment will be used to develop its products and "roll out its growth strategy", including international expansion.
With the additional funding, Stash aims to continue to develop its products and brand, and double its team of 120 over the course of the year.
Kaodim said it plans to invest the capital on marketing, developing its product — it added a premium service last year — and expanding into "under-served markets".
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