Tech Company Financing Transactions
ConnectEDU Funding Round
ConnectEDU closed a $7 million financing round on 11/15/2010. Backers included Allen & Company and private investors.
Transaction Overview
Company Name
Announced On
11/15/2010
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Allen & Company (Lead Investor)
Proceeds Purpose
With this new capital, ConnectEDU plans to leverage the company's extraordinary growth with regional service centers around the country to support the roll-out of state-wide initiatives and continue to serve existing high school, college and employer partners. The company will also continue to invest in the tools that promote the success of each student, and further build partnerships with education decision-makers at colleges, high schools and at the state level.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
600 Atlantic Ave.
Boston, MA 02210
USA
Boston, MA 02210
USA
Phone
Website
Email Address
Overview
We empower educators, students, admins, & employers by providing tech solutions that help develop learners & guide their transitions from education to career.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on tech company VC transactions. VC transactions reported here are derived from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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