Tech Company Financing Transactions
Knewton Funding Round
On 4/7/2009, Knewton raised $6 million in Series B funding from Accel Partners, Bessemer Venture Partners and First Round Capital.
Transaction Overview
Company Name
Announced On
4/7/2009
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series B
Investors
Accel Partners (Simon Levene)
Bessemer Venture Partners (Robert Stavis)
Proceeds Purpose
The new round will fund further development of Knewton's open platform--designed to bring adaptive testing, adaptive learning, and concept-level reporting to any third-party educational content.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
100 5th Ave.
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Website
Email Address
Overview
Knewton has developed the industry's most powerful adaptive learning engine, customizing educational content to meet the needs of each student.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 4/6/2009: CeraPedics venture capital transaction
Next: 4/7/2009: Ember venture capital transaction
Share this article
Where The Data Comes From
We document every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs