GlobalScholar Receives $27,000,000 Series B Financing Round

  • Feed Type
  • 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
  • Venture Investor
    Ignition Partners
  • Venture Investor
    Undisclosed

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