GlobalScholar Receives $27,000,000 Series B Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e31b4b6c-5833-4a01-a99e-7f1ca28f3b48&Preview=1 -
Date
2/1/2008 -
Company Name
GlobalScholar -
Mailing Address
10900 NE 4th Street Bellevue, WA 98004 -
Company Description
GlobalScholar.com offers a unique online tutoring platform, where parents and students can safely connect with trusted educators who provide one-on-one tutoring, homework help or self-paced learning. The GlobalScholar platform also can be used by schools and school districts to enable teachers and administrators to more efficiently and effectively create, manage and align content, assessments, curriculum, standards and supplemental learning to drive educational performance. -
Website
http://www.globalscholar.com -
Transaction Type
Venture Equity -
Transaction Amount
$27,000,000 -
Transaction Round
Series B -
Proceeds Purposes
Part of the capital will be used to acquire Excelsior Software, a Greeley, Colo.-based provider of educational assessment management solutions. -
M&A Terms
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Venture Investor
Ignition Partners -
Venture Investor
Undisclosed
