KA’CHING: US edtech raised $145.4M in May 2015, according to analysis by EdSurge. The funding was spread across 18 different deals; at least 41 unique investors participated.
AltSchool leads the way in May funding with its $100M in Series B funding from 11 investors. The San Francisco-based startup runs a network of “micro-schools” across the country. These schools focus on delivering a project-based curriculum supported by custom-built technologies for admissions, family communications, procurement and personalized learning plans for students.
Other big winners included $15M in Series D money to Inkling, which offers a platform for publishing digital books. Wonder Workshop rounded out the top 3 with $7M in Series A1 funding. Wonder Workshop offers a programmable robotic duo, “Dash” and its sidekick “Dot,” that can make noise, move objects around and even play the xylophone.
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Editor’s note: This analysis does not include mergers & acquisitions.