UniversityNow Lands $17,000,000 Series B Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0b1d3f4b-25e8-40a8-8679-b6707d0e3df0&Preview=1 -
Date
6/21/2012 -
Company Name
UniversityNow -
Mailing Address
Undisclosed San Francisco, CA 94105 -
Company Description
The company provides online education services. -
Website
Undisclosed
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Transaction Type
Venture Equity -
Transaction Amount
$17,000,000 -
Transaction Round
Series B -
Proceeds Purposes
Wade said the company plans to use its new funding to develop more free, open-source content; form partnerships with groups working to educate adults and help them complete their college education without debt; and to let people know that UNow exists and how it works. -
M&A Terms
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Venture Investor
University Ventures Fund -
Venture Investor
Bertelsmann Digital Media Investments -
Venture Investor
Novak Biddle Venture Partners -
Venture Investor
Kapor Capital -
Venture Investor
Greylock Partners
