NEWTON, Mass., April 2, 2019 /PRNewswire/ -- Examity has been named for the second straight year to the Boston Business Journal's annual Fast 50 list, which recognizes the fastest-growing private companies in Massachusetts. The company, whose AI-enabled online proctoring and learning validation solution is utilized by hundreds of employers, certification providers, and higher education institutions worldwide, doubled in size over the last year alone.
"At a time when college cheating scandals are making headlines, institutions are looking to us to help them ensure integrity in the learning experience," said Michael London, Founder and CEO of Examity. "Meeting that growing demand requires both sophisticated technology and an understanding of the unique needs of individual testing providers. Examity's growth over the past year stems from our team's commitment to developing a solution that addresses the increasingly important challenge of learning validation."
Recent research suggests that one-third of all college students take at least one course online. Nine in 10 companies offer digital learning to meet the needs of employees who value the flexibility and personalization of online education programs. Examity's rapid expansion reflects the growing demand for secure online assessment solutions among higher education institutions, employers, and certification providers.
The Fast 50 recognition further establishes Examity's position as one of the country's leading education technology companies. In 2018, it was recognized by Deloitte's Fast 500 as the fastest-growing Edtech company in North America. The company's platform offers a variety of proctoring styles, from automated through to live, for a diverse cross-section of partners, including Boston University, MongoDB, Penn State University, Dynatrace, and the University of Cincinnati. Examity leverages proprietary technology, including machine learning algorithms, to protect exam content and streamline the online testing experience.
Last year the Boston Business Journal ranked Examity in the top ten fastest-growing companies in Massachusetts. The final rankings for this year's Fast 50 will be announced in May.
Examity was founded to meet the needs of the growing number of online education and certification programs looking to ensure integrity. Since its founding six years ago, Examity has partnered with 500+ institutions and certification programs worldwide to provide a cost-effective and flexible online proctoring and learning validation solution. For more information, visit Examity.com or follow the company on Twitter @examity.