Kuali, a Salt Lake City, UT-based SaaS software company focused exclusively on serving higher education, closed $10m in funding.
The investment was made by Owl Ventures.
The company intends to use the funds to expedite product development (including the student information system and research suites), and expand sales and marketing efforts.
Led by Joel Dehlin, CEO, Kuali delivers cloud based administrative software built specifically for higher education to streamline processes to reduce costs for student services, financials, research, and continuity planning.
The company has more than 70 employees and serves more than 160 institutions.
Products include Kuali Curriculum and Catalog Management, Kuali Financials, Kuali Research, and Kuali Ready (business continuity) solutions.