LiveSchool Raises $1.65M in Funding

LiveSchool Inc., a Nashville, Tenn.-based developer of an application that tracks student behavior, has raised $1.65m in funding.

Backers included Nashville Capital Network’s Tennessee Angel Fund, Solidus Company, Rick Theobald, former COO at KIPP Nashville, and Steve Butler, a technology executive and a former board member at STEM Prep Academy in Nashville.

The company intends to use the capital to expand its development and marketing efforts.

Led by CEO Matt Rubinstein, LiveSchool provides schools and teachers with a real-time application that tracks behavior, attendance, assignments, and real-time hallway passes using desktops, laptops and tablets. It is already used by 45 schools in 15 states.

FinSMEs

31/01/2013

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