ConnectEDU Lands $7,000,000 New Financing

  • Feed Type
  • Date
    11/15/2010
  • Company Name
    ConnectEDU
  • Mailing Address
    20 Park Plaza Boston, MA 02116
  • Company Description
    ConnectEDU is the nation’s leading technology firm dedicated to providing students, educators and employers with comprehensive solutions to successfully navigate education and employment transitions.
  • Website
    http://www.connectedu.net/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With this new capital, ConnectEDU plans to leverage the company’s extraordinary growth with regional service centers around the country to support the roll-out of state-wide initiatives and continue to serve existing high school, college and employer partners. The company will also continue to invest in the tools that promote the success of each student, and further build partnerships with education decision-makers at colleges, high schools and at the state level.
  • M&A Terms
  • Venture Investor
    Allen & Company
  • Venture Investor
    Undisclosed