Tech Company Financing Transactions

Knewton Funding Round

Knewton closed a $51 million funding round on 12/20/2013. Backers included Atomico Ventures, Accel Partners and Bessemer Venture Partners.

Transaction Overview

Company Name
Announced On
12/20/2013
Transaction Type
Debt
Venture Equity
Amount
$51,000,000
Round
Undisclosed
Investors

Atomico Ventures (Lead Investor) (Niklas Zennström)

Accel Partners (Simon Levene)

Bessemer Venture Partners (Trevor Oelschig)

First Round Capital

FirstMark Capital (Amish Jani)

Founders Fund (Luke Nosek)

GSV Capital (Michael Moe)

Silicon Valley Bank

Proceeds Purpose
Knewton will use this capital to invest significantly in product enhancements and international growth.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
100 5th Ave.
New York, NY 10011
USA
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
Knewton LinkedIn Company Profile
Social Media
Knewton Company Twitter Account
Company News
Knewton News
Facebook
Knewton on Facebook
YouTube
Knewton on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brian Kibby
  Brian Kibby LinkedIn Profile  Brian Kibby Twitter Account  Brian Kibby News  Brian Kibby on Facebook
Chief Financial Officer
Jennifer Grunebaum
  Jennifer Grunebaum LinkedIn Profile  Jennifer Grunebaum Twitter Account  Jennifer Grunebaum News  Jennifer Grunebaum on Facebook
Chief Technical Officer
Erion Hasanbelliu
  Erion Hasanbelliu LinkedIn Profile  Erion Hasanbelliu Twitter Account  Erion Hasanbelliu News  Erion Hasanbelliu on Facebook
Founder
Jose Ferreira
  Jose Ferreira LinkedIn Profile  Jose Ferreira Twitter Account  Jose Ferreira News  Jose Ferreira on Facebook
Vice President
Jason Jordan
  Jason Jordan LinkedIn Profile  Jason Jordan Twitter Account  Jason Jordan News  Jason Jordan on Facebook
VP - General Counsel
Michael Chapin
  Michael Chapin LinkedIn Profile  Michael Chapin Twitter Account  Michael Chapin News  Michael Chapin on Facebook
VP - Human Resources
Tanya Livingstone
  Tanya Livingstone LinkedIn Profile  Tanya Livingstone Twitter Account  Tanya Livingstone News  Tanya Livingstone on Facebook
VP - Product Management
Douglas Hughes
  Douglas Hughes LinkedIn Profile  Douglas Hughes Twitter Account  Douglas Hughes News  Douglas Hughes on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/20/2013: 7AC Technologies venture capital transaction
Next: 12/20/2013: StockTwits 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

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary