Edsurge Closes Additional $960K in Series A Funding

edsurgeEdsurge, a Burlingame, CA-based edtech information platform and community, closed an additional $960k to its Series A funding announced in February (read here).

This brought the total amount of the round to $2.46m and the total to date to $2.86m.

Backers included Steve Blank, Catamount Ventures, Maker Media’s Dale Dougherty and the Women’s Venture Capital Fund. In conjunction with the funding, Matt Hanson from GSV Capital, Tory Patterson from Catamount Ventures and Jennifer Carolan of NewSchools Venture Fund, joined the fund.

The company intends to use the funds to launch new initiatives.

Founded in 2011 and led by Elizabeth Corcoran, CEO, EdSurge is an independent provider of news, analysis and events focused on the for the education-technology community. It features new products for educators, allows developers to understand what educators and learners need and provides insights for investors to make sense of the edtech market.

FinSMEs

30/05/2014

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