SUMMARY
The acquisition will help HackerRank’s student developers to learn and assess their skills
The two companies will provide computer science classrooms programmes
Acquiring Mimir allows HackerRank to reach developers during their education
US-based coding talent evaluation platform HackerRank, on Wednesday (December 18), announced that it has acquired a cloud-based platform for computer science courses, Mimir.
Mimir delivers an innovative way for professors and teaching assistants to educate computer science students and assess their progress. According to HackerRank, the acquisition will help student developers to learn, improve and assess their skills to become career-ready.
Notably, universities such as Michigan State University, Illinois Institute of Technology and Finger Lakes Community College leverage Mimir’s edtech platform to efficiently scale their computer science programmes.
Together, the two companies will provide computer science classrooms programmes with a comprehensive developer assessment platform, which is expected to allow students to better prepare for real-world programming and universities to more accurately evaluate student progress.
Further, highlighting how the acquisition of Mimir will help HackerRank, Vivek Ravisankar, cofounder and CEO of HackerRank said that the acquisition will allow the company to approach developers earlier in their education stage.
Founded in 2009 by Vivek Ravisankar and Harishankaran Karunanidhi, HackerRank is a hiring platform which specialises in helping companies recruit tech-based roles. The company claims that over 2,000 companies around the world are using services offered by HackerRank. By enabling tech recruiters and hiring managers to objectively evaluate talent at every stage of the recruiting process, HackerRank helps companies hire skilled developers.
The platform streamlines the process from phone interviews to on-site interviews, saving on average 80 developer hours for every single hiring made. Interestingly, the Bengaluru-based startup was the first Indian company to make it to the rigorous US-based Y Combinator’s three-month accelerator programme in 2011.
HackerRank, in February 2018, raised $30 Mn in Series C funding led by JMI Equity, a growth equity firm focused on investing in leading software companies. Prior to this, the hiring platform had raised $9.2 Mn Series B funding round led by Khosla Ventures and Battery Ventures. Further, in 2015, the coding talent evaluation platform had secured $7.5 Mn in funding as part of the strategic investment from Recruit Holding’s HR Technology Fund.
