Tech Company Financing Transactions
Grockit Funding Round
On 6/2/2008, Grockit raised $8 million in Series B funding from Integral Capital Partners and Benchmark Capital.
Transaction Overview
Company Name
Announced On
6/2/2008
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors
Integral Capital Partners (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
500 Third Street 260
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Grockit's mission is to abolish Education and replace it with Learning. To this end, we aim to utilize the awesome power of the internet to help the world learn. Our first step is leveraging the web to provide live online GMAT test prep classes to anyone with a PC and an Internet connection.
Management Team
Title
Name
Email & Social
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