Grockit Obtains $7,000,000 Series D Funding Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=51d9e2e3-6e1d-4a21-b238-775d4ef829a9&Preview=1 -
Date
10/17/2011 -
Company Name
Grockit -
Mailing Address
777 Florida St. San Francisco, 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. -
Website
http://www.gmat.grockit.com -
Transaction Type
Venture Equity -
Transaction Amount
$7,000,000 -
Transaction Round
Series D -
Proceeds Purposes
The funding will be used to support Grockit’s growth both domestically and internationally. -
M&A Terms
-
Venture Investor
Atlas Venture -
Venture Investor
Benchmark Capital -
Venture Investor
Integral Capital Partners -
Venture Investor
NewSchools Venture Fund -
Venture Investor
Undisclosed
