January 15, 2020
Purdue student software startup Mimir acquired by HackerRank
WEST LAFAYETTE, Ind. – Mimir, a software company that began as a Purdue University student startup, has been acquired by HackerRank, a popular platform for practicing and hosting online coding interviews.
Mimir, a cloud-based service that provides tools for teaching computer science courses, is used by a number of universities and corporations. The company is based in Indianapolis and expanded its operations there last year.
“We're thrilled to have found an acquisition partner that has similar values and mission that we truly believe in,” said Prahasith Veluvolu, the founder of Mimir, who studied computer science at Purdue. “HackerRank and Mimir are both grounded on the fact that skills matter more than pedigree. The HackerRank and Mimir combined offering allows students to obtain both formal academic education and practical skills assessments, which can help build a strong and successful career.”
Mimir is HackerRank’s first acquisition, and the company plans to incorporate Mimir Classroom products into its portfolio of services.
“HackerRank will continue to support the Mimir Classroom product and will work closely with professors, students and customers in a mutually beneficial way,” Veluvolu said.
Veluvolu points to Purdue and Purdue Research Foundation resources such as the Purdue Foundry and the Anvil for contributing to Mimir’s success.
Since 2013, Purdue has produced a total of 251 startups with more than $391 million in funding and investments. Major international companies have acquired nine of Purdue’s startups for a total of more than $2.3 billion for strength of technology and business potential.
About Purdue Foundry
The Purdue Foundry is an entrepreneurship and commercialization hub in the Burton D. Morgan Center for Entrepreneurship in Purdue’s Discovery Park whose professionals help Purdue innovators create startups. The Purdue Foundry is managed by the Purdue Research Foundation, which received the 2019 Innovation and Economic Prosperity Universities Award for Place from the Association of Public and Land-grant Universities. For more information about funding and investment opportunities in startups based on a Purdue innovation, contact the Purdue Foundry at email@example.com.