Tech Company Financing Transactions

Acrobatiq Funding Round

On 7/27/2015, Acrobatiq raised $7.7 million in funding from Bill & Melinda Gates Foundation and private investors.

Transaction Overview

Company Name
Announced On
7/27/2015
Transaction Type
Venture Equity
Venture Equity
Amount
$7,725,004
Round
Undisclosed
Proceeds Purpose
The company plans to use the funding to support the growth of its analytics platform as well as toward sales and marketing.

Company Information

Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
2100 Wharton St. 625
Pittsburgh, PA 15203
USA
Email Address
Overview
Backed by 10 years of research from CMU's Open Learning Initiative, Acrobatiq measurably improves student outcomes through personalized, adaptive learning.
Profile
Acrobatiq LinkedIn Company Profile
Social Media
Acrobatiq Company Twitter Account
Company News
Acrobatiq News
Facebook
Acrobatiq on Facebook
YouTube
Acrobatiq on YouTube

Management Team

Title
Name
Email & Social
Chairman
William Guttman
  William Guttman LinkedIn Profile  William Guttman Twitter Account  William Guttman News  William Guttman on Facebook
Chief Executive Officer
Eric Frank
  Eric Frank LinkedIn Profile  Eric Frank Twitter Account  Eric Frank News  Eric Frank on Facebook
Chief Financial Officer
Richard Wonsettler
  Richard Wonsettler LinkedIn Profile  Richard Wonsettler Twitter Account  Richard Wonsettler News  Richard Wonsettler on Facebook
Chief Marketing Officer
Alison Pendergast
  Alison Pendergast LinkedIn Profile  Alison Pendergast Twitter Account  Alison Pendergast News  Alison Pendergast on Facebook
Chief Technical Officer
John Rinderle
  John Rinderle LinkedIn Profile  John Rinderle Twitter Account  John Rinderle News  John Rinderle on Facebook
VP - Product Management
William Jerome
  William Jerome LinkedIn Profile  William Jerome Twitter Account  William Jerome News  William Jerome on Facebook
VP - Product Management
Michelle Neil
  Michelle Neil LinkedIn Profile  Michelle Neil Twitter Account  Michelle Neil News  Michelle Neil on Facebook
VP - Sales
Chris Doran
  Chris Doran LinkedIn Profile  Chris Doran Twitter Account  Chris Doran News  Chris Doran on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/27/2015: Phoodeez venture capital transaction
Next: 7/27/2015: Senic venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to report on every notable VC transaction. VC transactions reported here come from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary