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Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b4a3031-6be2-4754-8a81-ef8369803e5a&Preview=1 -
Date
5/14/2010 -
Company Name
Grockit -
Mailing Address
719 Shotwell Str San Francisc, 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.
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Website
http://www.gmat.grockit.com -
Transaction Type
Venture Equity -
Transaction Amount
$7,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The company will use funding to support its continued growth. -
M&A Terms
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Venture Investor
Atlas Venture -
Venture Investor
Benchmark Capital -
Venture Investor
Integral Capital Partners