LightSail Raises Additional $1M

LIGHTSAIL: $1 million to NYC-based LightSail Education from Serious Change and existing investors, which boosts its funding total to $5 million. Founded in 2012, the startup offers a tablet-based literacy platform with over 400,000 digital books that are embedded with assessments to track students' reading progress. LightSail says its product has been sold to "more than 100 schools throughout New York City, Los Angeles, Chicago and Washington, DC."

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