NewSchools Gets $12M to Continue Seeding Startups

SEEDING THE SEED: NewSchools Venture Fund's Seed Fund is the first-stop for many early-stage edtech upstarts. Since its launch in 2012, it's provided funding to 23 companies (yes, including us)--and expect more on the way. The San Francisco Business Times reports that the Seed Fund has raised a total of $12 million in its goal to support a total of 55 startups by 2015. Last year saw a 74% jump in the number of seed-stage deals (from 34 in 2012 to 59 in 2013), and the Seed Fund participated in nearly a quarter of them.

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