Orbis Education Garners $8,000,000 Series B Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e4d9283b-c876-499e-a337-347835660a77&Preview=1
Date
1/19/2010
Company Name
Orbis Education
Mailing Address
9002 Purdue Road Indianapolis, IN 46268
Company Description
Orbis Education’s mission is to be an innovator in the emerging market of providing one-stop educational services to healthcare organizations looking to combat accelerating caregiver workforce shortages. We create, market, and manage collaborative nursing education solutions that alleviate nursing shortages for hospitals and healthcare systems.
Website
http://www.orbiseducation.com
Transaction Type
Venture Equity
Transaction Amount
$8,000,000
Transaction Round
Series B
Proceeds Purposes
This new infusion of capital by Lightspeed will allow Orbis Education to broadly deliver one-stop educational services to healthcare organizations and universities looking to recruit and graduate more qualified nurses, more quickly.
M&A Terms
Venture Investor
Lightspeed Venture Partners
Venture Investor
Undisclosed