Social Learning Start-Up Grockit Raises $20M From Discovery Communications and Others

Grockit, a start-up that is trying to make online learning look pretty, has raised $20 million in funding. A good portion of the round comes from a partnership with Discovery Communications, which is the big media company behind the Discovery Channel, Animal Planet and other major properties. In addition to capital, Discovery also promises to market and promote Learnist, a visual learning tool Grockit launched in May. Other investors in the round include Summit Group, Atlas Venture, Benchmark Capital, Integral Capital Partners and GSV Capital.


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I feel sorry for Peter Thiel. Did he really want flying cars? Flying cars are not a very efficient way to move things from one point to another. On the other hand, 20 years ago we had the idea that information could become available at your fingertips. We got that done.

— Bill Gates, in an interview with Wired magazine’s Steven Levy