EducationSuperHighway Lands $9,000,000 New Financing Round

  • Feed Type
  • Date
    12/5/2013
  • Company Name
    EducationSuperHighway
  • Mailing Address
    101 California Street San Francisco, CA 94111
  • Company Description
    We are leading the way to upgrade every American K-12 public school to have a robust, learning-ready (100 Mbps+) Internet connection so our students and educators can leverage the transformative power of online learning.
  • Website
    http://www.educationsuperhighway.org
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $9,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Funds will be used expand its speed test network to cover all U.S. states (currently 26 are covered) and to forge more outreach abroad; to improve ESH’s portal with technical expertise and pricing information; expand its own team to assist schools with upgrading; and to further lobbying efforts, in particular to support the FCC to provide policy recommendations for modernization.
  • M&A Terms
  • Venture Investor
    Investor
  • Venture Investor
    Investor
  • Venture Investor
    Undisclosed