DREAMBOX: $10 million to Bellevue, WA-based DreamBox in a Series B round led by Owl Ventures, with Tao Capital Partners also participating. Owl’s co-founder and managing partner, Tory Patterson will take a board seat at DreamBox. The company has now raised $45.5 million. Other significant equity owners include: the Charter School Growth Fund, John Doerr and GSV Capital.
Founded in 2006, the company has built a gamified, adaptive K-8 math platform currently used by over 1.5 million students and 75,000 teachers across the US. Dreambox currently has 125 employees and is looking to increase its headcount by 50 by the end of the year, according to Geekwire. It also plans to use this latest funding to expand its content and reporting tools, including a dashboard where educators can see real-time student performance data. More details in the press release.
Editor's Note: Tory Patterson and GSV Capital are investors in EdSurge.