Tech Company Financing Transactions

Clever Funding Round

Sequoia Capital and private investors joined a $10.3 million Series A venture round for Clever. The round was announced on 12/5/2013.

Transaction Overview

Company Name
Clever
Announced On
12/5/2013
Transaction Type
Venture Equity
Amount
$10,300,000
Round
Series A
Investors

Sequoia Capital (Lead Investor) (Bryan Schreier)

private investors (Deborah Quazzo)

private investors (Paul Graham)

private investors (Samuel Altman)

Proceeds Purpose
The new round of funding will be used to accelerate hiring and manage the company's next stage of growth as it evolves its underlying API technology into a digital learning platform for the classroom.

Company Information

Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
1263 Mission St.
San Carlos, CA 94103
USA
Phone
(415) 562-6483
Website
www.clever.com
Email Address
[email protected]
Overview
Online learning software in K-12 education is one of the fastest growing markets on the planet, and Clever is quickly becoming the infrastructure these apps depend on. Today, many of the biggest and most innovative applications in education are already powered by Clever.
Profile
Clever LinkedIn Company Profile
Social Media
Clever Company Twitter Account
Company News
Clever News
Facebook
Clever on Facebook
YouTube
Clever on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tyler Bosmeny
  Tyler Bosmeny LinkedIn Profile  Tyler Bosmeny Twitter Account  Tyler Bosmeny News  Tyler Bosmeny on Facebook
Chief Technical Officer
Rafael Garcia
  Rafael Garcia LinkedIn Profile  Rafael Garcia Twitter Account  Rafael Garcia News  Rafael Garcia on Facebook
VP - Human Resources
Julie Weinstein
  Julie Weinstein LinkedIn Profile  Julie Weinstein Twitter Account  Julie Weinstein News  Julie Weinstein on Facebook
VP - Marketing
Anne Murguia
  Anne Murguia LinkedIn Profile  Anne Murguia Twitter Account  Anne Murguia News  Anne Murguia on Facebook
VP - Product Management
Daniel Carroll
  Daniel Carroll LinkedIn Profile  Daniel Carroll Twitter Account  Daniel Carroll News  Daniel Carroll on Facebook

 

 

Browse more venture capital transactions:

Prev: 12/5/2013: Juno Therapeutics venture capital transaction
Next: 12/5/2013: Seedrs venture capital transaction

 

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We report on funding rounds that are announced publicly. VC transactions on this site are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

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