Tech Company Financing Transactions
OpenEd Funding Round
On 7/17/2014, OpenEd raised $2 million in Seed investment from PivotNorth Capital.
Transaction Overview
Company Name
Announced On
7/17/2014
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to build out additional capabilities and apps for resource-oriented education.
Company Information
Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
20 South Santa Cruz Avenue 107
Los Gatos, CA 95030
USA
Los Gatos, CA 95030
USA
Phone
Undisclosed
Website
Email Address
Overview
OpenEd is the largest K-12 educational resource catalog, with over a million Language Arts and Math games, video lessons, assessments, and courses. While it integrates with all popular Learning Management Systems it offers its own simple "flipped classroom" LMS oriented to using resources.
Management Team
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