EdSurge Raises $2.8M in Funding

Edsurge_LogoEdSurge, a Burlingame, CA-based source of information and resources on edtech, raised $2.8m in funding.

Backers included Catamount Ventures, GSV Capital, Reach Capital, LearnCapital and the Women’s Venture Capital Fund, 1776.vc, the Omidyar Network, as well as angels.¬†Following this round, management and staff will continue to own the majority of EdSurge.

The company, which has raised $5.6m in total funding, will use the funds to begin to grow operations and expand its coverage beyond K-12 into higher education. Have a look at their plans here.

Founded in 2011 by CEO Betsy Corcoran, EdSurge connects educators with the most appropriate technology for their students and schools. It does this through editorial content, through conferences, through a jobs board and through a product offering called Edtech Concierge.
The Board members of the company include Corcoran, Tyler McNally, EdSurge President, Jennifer Carolan (Reach Capital), Matt Hanson (GSV Capital) and Tory Patterson (Catamount Ventures).

FinSMEs

13/12/2015

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