US Edtech Brings in $112M in October

Financing

US Edtech Brings in $112M in October

Nov 12, 2014

KACHING: US Edtech raised $112 million in venture capital in October 2014, according to analysis from EdSurge. This funding was spread across 15 separate deals, with over 40 unique investors participating.

Minerva Project lead the way in October funding with its $70M in Series B funding from 4 investors. The San Francisco-based company runs a non-traditional college program, centered on online classes and project based learning around the world. Minerva’s first semester of classes started this Fall.

Other big winners included $12M in Series A money to Palo Alto-based Tangiable Play, the maker of iPad-based educational toy Osmo. Evertrue, based in Boston, rounded out the top 3 with $8M in in Series B funding. Everture's eponymous app that helps universities drive alumni engagement and fundraising.

Interested in learning more about these and other US and ex-US edtech deals? Subscribe today to our monthly Ka’Ching reports, and stay tuned for more edtech funding info in our weekly newsletters.


Editor’s note: This analysis does not include mergers & acquisitions

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