Grockit Obtains $7,000,000 Series D Funding Round

  • Feed Type
  • Date
    10/17/2011
  • Company Name
    Grockit
  • Mailing Address
    777 Florida St. San Francisco, CA 94110
  • Company Description
    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.
  • Website
    http://www.gmat.grockit.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The funding will be used to support Grockit’s growth both domestically and internationally.
  • M&A Terms
  • Venture Investor
    Atlas Venture
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    Integral Capital Partners
  • Venture Investor
    NewSchools Venture Fund
  • Venture Investor
    Undisclosed