Schoology Snaps Up $15M to Expand Across the Globe

SCHOOLOGY: $15 million to NYC-based Schoology in a round led by Intel Capital, with Great Oak Venture Capital and Great Road Holdings also joining; previous investors FirstMark Capital and Meakem Becker Venture Capital also chipped in. The NYC-based startup, founded in 2009, has now raised $25 million according to the release. It's the second big announcement from the company in as many weeks: Last week Schoology inked a deal with the government of Uruguay to deploy its LMS to schools throughout the country. The company claims five million users in over 50,000 schools around the world.

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