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.
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