Edtech company EdSurge scores $2.8 mln


Burlingame, California-based EdSurge, an educational tech company, has secured $2.8 million in funding. The investors included Catamount Ventures, GSV Capital, Reach Capital, LearnCapital, Women’s Venture Capital Fund, 1776.vc and the Omidyar Network.

PRESS RELEASE

BURLINGAME CA–EdSurge, the leading source of information and resources on edtech, reported it had raised a $2.8 million investment to support its work connecting educators with the best technology for their students and skills. Contributing to the round were many existing investors, notably including Catamount Ventures, GSV Capital, Reach Capital, LearnCapital and the Women’s Venture Capital Fund as well as angels. New contributors include 1776.vc from Washington, DC and the Omidyar Network. This brings the total funding raised by EdSurge to $5.6 million.

EdSurge connects educators with the most appropriate technology for their students and schools. It does this through editorial content, through conferences, through a jobs board and through a product offering called Edtech Concierge. Concierge was recently selected by the Future Ready program to support education leaders throughout the US who are supporting their schools development.

Contributing to the round were many existing investors, notably including Catamount Ventures, GSV Capital, Reach Capital, LearnCapital and the Women’s Venture Capital Fund as well as angels. New contributors include 1776.vc from Washington, DC and the Omidyar Network. This brings the total funding raised by EdSurge to $5.6 million.

Insiders (namely management and staff) continue to own a healthy majority of EdSurge. Board members include: Jennifer Carolan (Reach Capital), Matt Hanson (GSV Capital) and Tory Patterson (Catamount Ventures), along with EdSurge CEO and co-founder, Betsy Corcoran, and Tyler McNally, EdSurge President. All EdSurge investors and advisors are listed here.

In addition, EdSurge also announced that it will begin to expand its coverage beyond K-12 into higher education. The company received a two-year grant from the BIll & Melinda Gates Foundation to support this work.

Here are details on what EdSurge aims to do in 2016.

EdSurge connects educators with the most appropriate technology for their students and schools. It does this through editorial content, through conferences and through a product offering called Concierge. EdSurge was founded in 2011.

For more information, contact [email protected]

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