Tech Company Financing Transactions

SchoolNet Funding Round

On 5/5/2008, SchoolNet raised $12.5 million in investment from Velocity Financial Group, New York City Investment Fund and TriplePoint Capital.

Transaction Overview

Company Name
SchoolNet
Announced On
5/5/2008
Transaction Type
Debt
Venture Equity
Amount
$12,500,000
Round
Undisclosed
Investors

Velocity Financial Group (Lead Investor) (Jan Haas)

New York City Investment Fund (Maria Gotsch)

TriplePoint Capital (William Long)

Proceeds Purpose
"We are excited to receive support from such visionary financial partners," said Jonathan D. Harber, CEO, SchoolNet. "The funds will allow SchoolNet to impact even more students and teachers across the nation. We are in a strong position to expand our district partners and look for potential acquisitions to further our reach."

Company Information

Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
525 Seventh Avenue Fourth Floor
New York, NY 10018
USA
Phone
(646) 496-9000
Website
www.schoolnet.com
Email Address
[email protected]
Overview
SchoolNet Inc., the leader in School Performance Management Systems, improves efficiency and increase achievement in school systems.
Profile
SchoolNet LinkedIn Company Profile
Social Media
SchoolNet Company Twitter Account
Company News
SchoolNet News
Facebook
SchoolNet on Facebook
YouTube
SchoolNet on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jonathan Harber
  Jonathan Harber LinkedIn Profile  Jonathan Harber Twitter Account  Jonathan Harber News  Jonathan Harber on Facebook
Chief Financial Officer
Andrew Johns
  Andrew Johns LinkedIn Profile  Andrew Johns Twitter Account  Andrew Johns News  Andrew Johns on Facebook
Chief Operating Officer
Mark Chernis
  Mark Chernis LinkedIn Profile  Mark Chernis Twitter Account  Mark Chernis News  Mark Chernis on Facebook
Co-Founder
Denis Doyle
  Denis Doyle LinkedIn Profile  Denis Doyle Twitter Account  Denis Doyle News  Denis Doyle on Facebook

 

 

Browse more venture capital transactions:

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We do our best to report on tech company VC transactions. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

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