Elena Soboleva, an MBA student at Florida Atlantic University, recently formed Honorlock LLC with fellow student Adam Roth, to prevent academic cheating. They developed a patent-pending technology that identifies students who try to access blacklisted URLs, and sends notifications of suspicious behavior to instructors. Since the duo created Honorlock LLC in 2014, they have received over $1 million from investors, applied for several patents, and expanded their team to 12 employees. Schools are using the team’s proctoring solutions across the U.S. and abroad, and they have received positive recognition from some of the world’s leading publishers, including Pearson and McGraw-Hill Education. In 2017, Honorlock opened a satellite office in Bishkek that employs nine people with plans to hire seven to ten more employees in the coming year. Honorlock closed 2017 with a revenue of $355,000 and estimates 2018 will close with a revenue of $1,200,000.