Eleutian Technology Secures $10M in Equity Financing

Eleutian Technology, LLC, a Wyoming-based provider of online English education to students in Asia, has secured $10 million in growth equity financing from Cheyenne Capital Fund.
The funds will enable the company to continue to implement its strong growth strategy penetratiing in Korea and expand its footprint in Japan and China.
Robert E. Grady of Cheyenne Capital, a private equity firm with offices in Colorado and Wyoming, and one other representative of Cheyenne Capital will join the Eleutian Board of Managers.
Since its founding in 2006, Eleutian has expanded to employ more than 300 people today.

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