Pathbrite, a San Francisco, CA-based portfolio learning platform, raised $3.7m in funding.
The round was led by Cengage Learning, with participation from ACT and Serious Change.
The company intends to use the funds for expansion plans for 2014, are focused on customer integration, sales force expansion, continued platform development and global expansion.
Launched in 2012 and led by Heather Hiles, CEO, Pathbrite provides a portfolio platform to enhance learning outcomes, program completion rates and job placement rates of students. The company currently serves more than 500 schools, colleges, universities, and organizations in the United States.
It is used by educators and students at institutions like Fresno State University, Laureate International Universities, Stanford University, and University of Illinois.
FinSMEs
03/06/2014