Online exam proctoring platform Honorlock raises $25 million led by Owl Ventures

Honorlock, an on-demand proctoring service provider, announced it has raised $25 million Series B funding round led by Owl Ventures with participation from Defy Partners, Arsenal Growth and existing investors to further accelerate growth and enter new markets.Founded in 2014, Honorlock’s AI plus human-touch proctoring platform enables academic institutions and organizations to offer remote assessments while protecting exam integrity and creating a fair and equitable environment for learners. Its cloud-based proctoring system is also able to integrate with learning management platforms.Its customers include University of Wisconsin, University of Florida, Georgia Institution of Technology and Texas A&M, among many others.With the new funding, Honorlock plans on investing in its talent, technology, and strategy. The company is also looking to grow its presence in the corporate space.