Civitas Learning, an Austin, Texas-based edtech company, raised up to $60m in funding.
The round was led by Warburg Pincus with participation from returning investors Emergence Capital Partners, Austin Ventures, Rethink Education, SJF Ventures and Gera Venture Capital.
The company intends to use the funds to expand and enhance the platform’s capabilities and support strategic acquisitions and geographic expansion.
Led by Charles Thornburgh, Founder and CEO, and Mark Milliron, Civitas Learning provides a cloud-based, predictive analytics platform and engaging applications to bring insights to decision makers, and personalized, real-time recommendations directly to students, faculty, and advisors to measurably improve student learning, persistence, and graduation. The reach of Civitas Learning’s partners includes more than 850 campuses reaching more than 2.7 million students.