Knowledge Delivery Systems Obtains $6,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fe4aa1ba-5fc4-4cb8-9a33-eebf47e1678c
Date
3/10/2014
Company Name
Knowledge Delivery Systems
Mailing Address
110 William Street New York, NY 10038
Company Description
Founded in 2001, Knowledge Delivery Systems (KDS) is a leading provider of online strategic professional development, state certification, master’s degree programs, and career advancement for teachers and administrators at every stage of their career.
Website
http://www1.kdsi.org
Transaction Type
Venture Equity
Transaction Amount
$6,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The proceeds will be used to accelerate sales & marketing, expand the management team, increase product development and build out the company’s digital content offering.
M&A Terms
Venture Investor
Edison Ventures
Venture Investor
Undisclosed