Flat World Education Scores $9.5M

FLAT WORLD EDUCATION: $9.5 million to Washington, DC-based Flat World Education in a round led by Bessemer Venture Partners, with existing investors Valhalla Partners, Tribeca Venture Partners, Penguin Random House Holdings and Bertelsmann Digital Media Investments also participating. Founded in 2007, Flat World Education offers an e-book publishing platform with over 100 peer-reviewed titles that instructors can personalize and deliver to students. In the funding announcement, Flat World is also partnering with Brandman University to offer an online, competency-based bachelor's degree in business administration.

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