MasteryConnect Secures $5M in Extended Series B Funding

masteryconnectMasteryConnect, a Salt Lake City, Utah-based education technology provider, secured $5m in an extended Series B funding.

Backers included Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan.

The company, which has raised $29m in total funding, will use the funds to accommodate and facilitate its growth and increase the reach of its competency-based learning platform.

Led by CEO Cory Reid, MasteryConnect provides competency-based learning solutions and creates technology tools for teachers to plan, teach, and measure student progress to improve learning outcomes. The company, which has more than 140 employees, supports teachers via its cloud-based platform, including Socrative.com, as well as through numerous apps on all web-enabled devices.
MasteryConnect is currently being utilized in more than 170 countries, reaching 2 million teachers.

FinSMEs

22/09/2015

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