Tech Company Financing Transactions
Achieve3000 Funding Round
Insight Venture Partners participated in a $9 million funding round for Achieve3000. The funding round was recorded on 7/24/2007.
Transaction Overview
Company Name
Announced On
7/24/2007
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Undisclosed
Investors
Insight Venture Partners (George McCulloch)
Proceeds Purpose
The funding will be used to expand Achieve3000's reach to their target market of students in grades 2 through 12 as well as enhance the product line, which currently includes KidBiz3000 and TeenBiz3000. Both products focus on school districts' need to develop effective differentiated learning solutions as well as meet increased demands in literacy standards placed by No Child Left Behind under the Bush administration.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
1985 Cedar Bridge Ave. 3
Lakewood, NJ 08701
USA
Lakewood, NJ 08701
USA
Phone
Website
Email Address
Overview
Achieve3000 specializes in differentiated instruction solutions resulting in accelerated learning for students. Experience the difference today!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stuart Udell
Chief Financial Officer
Nick Bates
Chief Technical Officer
Robert Bruno
Vice President
Kevin Blokker
VP - Human Resources
Janette Jankowski
VP - Product Management
Paul Labay
VP - Sales
Rem Fairlamb
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Next: 7/24/2007: Zipit Wireless venture capital transaction
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