Tech Company Financing Transactions

StraighterLine Funding Round

StraighterLine closed a $10 million Series B funding round on 4/13/2012. Backers included FirstMark Capital, Chrysalis Ventures and City Light Capital.

Transaction Overview

Company Name
Announced On
4/13/2012
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

FirstMark Capital (Lead Investor) (Amish Jani)

Chrysalis Ventures (David Parento)

City Light Capital (Josh Cohen)

Proceeds Purpose
The financing will accelerate StraighterLine's outreach to colleges, employers and students. Further, it will extend StraighterLine's existing offerings to include a next-generation market for credit-bearing, online, general education college courses.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
1201 S. Sharp St. 110
Baltimore, MD 21230
USA
Email Address
Overview
StraighterLine is a leader in making a quality college education more affordable. StraighterLine's programs are a great way to tackle the escalating cost of four-year college tuition and avoid a mountain of student debt.
Profile
StraighterLine LinkedIn Company Profile
Social Media
StraighterLine Company Twitter Account
Company News
StraighterLine News
Facebook
StraighterLine on Facebook
YouTube
StraighterLine on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Burck Smith
  Burck Smith LinkedIn Profile  Burck Smith Twitter Account  Burck Smith News  Burck Smith on Facebook
Chief Operating Officer
David Parento
  David Parento LinkedIn Profile  David Parento Twitter Account  David Parento News  David Parento on Facebook
VP - Engineering
Matthew Kraft
  Matthew Kraft LinkedIn Profile  Matthew Kraft Twitter Account  Matthew Kraft News  Matthew Kraft on Facebook


 

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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