Tech Company Financing Transactions
Knewton Funding Round
On 8/22/2018, Knewton secured $25 million in funding from TriplePoint Capital, Accel Partners and Atomico Ventures.
Transaction Overview
Company Name
Announced On
8/22/2018
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Knewton plans to use the funding to scale Alta, the company's adaptive learning courseware for higher education, which has established strong momentum since its debut in the U.S. market in January 2018.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian Kibby
Chief Financial Officer
Jennifer Grunebaum
Chief Technical Officer
Erion Hasanbelliu
Founder
Jose Ferreira
Vice President
Jason Jordan
VP - General Counsel
Michael Chapin
VP - Human Resources
Tanya Livingstone
VP - Product Management
Douglas Hughes
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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.
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