Tech Company Financing Transactions

UniversityNow Funding Round

Bertelsmann Digital Media Investments, University Ventures and Greylock Partners participated in a $17 million Series B funding round for UniversityNow. The round was announced by the company on 6/21/2012.

Transaction Overview

Company Name
UniversityNow
Announced On
6/21/2012
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series B
Investors

Bertelsmann Digital Media Investments (Lead Investor) (Dalia Das)

University Ventures (Lead Investor)

Greylock Partners

Kapor Capital (Stephen DeBerry)

Novak Biddle Venture Partners (Philip Bronner)

Proceeds Purpose
Wade said the company plans to use its new funding to develop more free, open-source content; form partnerships with groups working to educate adults and help them complete their college education without debt; and to let people know that UNow exists and how it works.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
543 Howard St. 4th Floor
San Francisco, CA 94105
USA
Phone
(415) 354-5714
Website
www.unow.com
Email Address
Not Recorded
Overview
The mission of UniversityNow is to help ensure that affordable, high quality post-secondary education is available to people everywhere. To accomplish this, we are building a network of the most affordable and accessible accredited universities in the world, starting with the launch of New Charter University.
Profile
UniversityNow LinkedIn Company Profile
Social Media
UniversityNow Company Twitter Account
Company News
UniversityNow News
Facebook
UniversityNow on Facebook
YouTube
UniversityNow on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gene Wade
  Gene Wade LinkedIn Profile  Gene Wade Twitter Account  Gene Wade News  Gene Wade on Facebook
VP - Marketing
Kathleen Farley
  Kathleen Farley LinkedIn Profile  Kathleen Farley Twitter Account  Kathleen Farley News  Kathleen Farley on Facebook

 

 

Browse more venture capital transactions:

Prev: 6/20/2012: Ablative Solutions venture capital transaction
Next: 6/21/2012: CloudOn venture capital transaction

 

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