Tech Company Financing Transactions
Grockit Funding Round
Grockit closed a $7 million Series D funding round on 10/17/2011. Investors included Accomplice, Benchmark Capital and Integral Capital Partners.
Transaction Overview
Company Name
Announced On
10/17/2011
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series D
Investors
Accomplice (Lead Investor) (Jeffrey Fagnan)
Benchmark Capital (Mitch Lasky)
NewSchools Venture Fund (Jennifer Carolan)
Proceeds Purpose
The funding will be used to support Grockit's growth both domestically and internationally.
Company Information
Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
500 Third Street 260
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Grockit's mission is to abolish Education and replace it with Learning. To this end, we aim to utilize the awesome power of the internet to help the world learn. Our first step is leveraging the web to provide live online GMAT test prep classes to anyone with a PC and an Internet connection.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roy Gilbert
Founder
Farb Nivi
VP - Engineering
Chris Henley
VP - Marketing
Aaron Burcell
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