Graduway, a London, U.K.-based provider of alumni software, raised $12.7m in growth funding.
Susquehanna Growth Equity (SGE), made the investment joining existing investors Gigi Levy, Massa Innovations and SaaS Capital.
The company will use the funds to invest in product development and deepen relationships with customers, increasing its market share and reaching new markets and geographies.
Led by Daniel Cohen, Founder and CEO, Graduway is a provider of a SaaS based alumni software platform for institutions to engage their alumni, students, and supporters, enabling them to connect with each other on all devices.
The company has 500+ clients including education institutions and non-profits, including UCLA, Johns Hopkins University and the University of Oxford, operating in more than 40 countries.
The company is headquartered in the U.K. with operations in the U.S., which it targets to expand making significant hires across every business function, and Israel.