Smashcut secures $7 million in funding from Pearson Ventures

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StockMarketNews.com Online education firm Smashcut has raised $7 million in series A funding from Pearson Ventures, a division of Pearson which invests in new market opportunities in education.

Smashcut will support Pearson's visual and media-arts focused programs, beginning with animation and gaming development courses from Pearson College London's escape studios.

Daniel Blackman, CEO and founder of Smashcut said: "We created Smashcut because video-centric courses like visual and media arts require specific tools that teachers and students need to seamlessly collaborate and create. Having the financial and strategic support of Pearson, a global leader in learning, both validates the opportunity and accelerates our growth as we aim to fuel the pipeline with skilled creators."