LightSail Obtains $11,000,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=34fb10c4-9b09-4ff3-b39e-46786ecc4358
Date
3/7/2016
Company Name
LightSail
Mailing Address
1250 Broadway 30th Floor New York, NY 10001 USA
Company Description
One in nine adult Americans struggle with employment outcomes as well as personal and social well-being – all because of low literacy skills. LightSail is dedicated to turning students into readers who will become engaged global citizens in the 21st Century.
Website
http://www.lightsailed.com
Transaction Type
Venture Equity
Transaction Amount
$11,000,000
Transaction Round
Series B
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Investor
Venture Investor
Investor
Venture Investor
Undisclosed