Schoology Secures $1,250,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2161cf7-8bce-4099-b51b-027346339ae6&Preview=1
Date
6/7/2010
Company Name
Schoology
Mailing Address
80 Broad Street New York, NY 10004
Company Description
Schoology is a free web-based learning management system (LMS) built on a social network. Schoology leverages the familiarity of popular social media tools to improve communication and collaboration.
Website
http://www.schoology.com
Transaction Type
Venture Equity
Transaction Amount
$1,250,000
Transaction Round
Undisclosed
Proceeds Purposes
The company said it would use the funding to expand its workforce and grow its service.
M&A Terms
Venture Investor
Meakem Becker Venture Capital
Venture Investor
Meakem Becker Venture Capital