Alex Hollis Named TestSoup's New CEO

Oct. 4, 2012 - PRLog -- Kendall D. Ryan
Director of Events and Outreach
Wasabi Ventures
kendall@wasabiventures.com


Baltimore, Maryland – October 4th-2012

Alex Hollis, a Wasabi Ventures EduTech Venture Partner, becomes CEO of TestSoup.

“In addition to my role as the EdTech Venture Partner for WV, I will be taking over as CEO of one of our portfolio companies, TestSoup. I will be focused on driving the revenue and overall growth of the company” says Alex Hollis, CEO of TestSoup.

TestSoup is a portfolio company of WV and the premier provider of innovative online and mobile test prep solutions. TestSoup features a bank of flashcards for: GMAT, GRE, Accuplacer and ACT, to name a few. Flashcards are accessible in 60 seconds or less.

Hollis brings a unique perspective to his new role, with a background and focus in EduTech. Prior to joining WV, Hollis worked with Tech for America and with a Boston –based e-commerce company.

“My experience in the EdTech space and WV, in general, has prepared me for this role as I have had the opportunity to work with and learn from several brilliant and motivated people” says Hollis.

The TestSoup team is dedicated to achieve greater success in the future. With dedication, relevant prior experience and a strong team, the company is expected to grow.

CEO, Alex Hollis closes: “I am looking forward to the opportunity to learn and grow professionally in this new role. I’m also looking forward to taking Test Soup to the next level”.


About Wasabi Ventures:

Wasabi Ventures is a different kind of venture capital firm made up of three distinct, but connected aspects: Venture Capital, Startup Incubation, and Consulting. In other words: we fund entrepreneurs, we start companies, and we help existing businesses succeed. We take active operational roles in our portfolio companies by leveraging our dedicated staff of over 40 specialists. Our team of engineering, sales, marketing, analysis, legal, accounting, and management professionals can cover every one of a start-up's needs. We act as senior management to our start-ups and business consultants to those with companies who need our advice. We also provide investment capital and creative financing solutions to our chosen portfolio companies. We also create our own start-ups from scratch, via our incubator environment.