BloomBoard, a Palo Alto, CA-based education technology company, received $7.2m in Series B funding.
Backers included Birchmere Ventures, the Bill & Melinda Gates Foundation, and Learn Capital, as well as new investors the Michael & Susan Dell Foundation and Gera Ventures.
The company, which has raised $16m in total, intends to use the funds to scale its team, accelerate customer growth, expand its school and district offerings, and launch new professional development opportunities for K12 educators.
Led by Jason Lange, CEO and co-founder, BloomBoard connects teachers with resources to achieve their professional learning goals. Educators have on-demand access to its comprehensive marketplace where they can find valuable content including videos, webinars, courses, and e-books from trusted providers. Through its procurement process, school and district administrators can track and measure teacher growth, identify where professional development dollars are being spent, and make more informed decisions that impact growth and instruction.
The company is currently working with over 7,000 schools, across more than 700 districts, in 22 states to support professional learning and improve teacher effectiveness through personalized professional development.
FinSMEs
30/06/2015