KA’CHING: US edtech raised $188.9M in November 2014, according to analysis by EdSurge. The funding was spread across 13 different deals; at least 27 unique investors participated.
In a month which, peculiarly, saw no deals closed in what EdSurge classifies as Curriculum Products or Teacher Needs tools, messaging app Yik Yak led the way with a $62M venture round. Yik Yak provides an anonymous, location-based messaging app for students. The $62M raise follows two previous 2014 rounds and brings the company’s total for the year to $73.5M raised.
Other big deals in November included a $50M series D raise for Colorado-based Craftsy. The company runs an online marketplace for crafting projects, lessons and materials. Evernote finished the top three with its $20M investment from Japanese media company Nikkei Inc.
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