SAAS-Y ALUMS: Graduway, a software company that offers a platform for college alumni management, has raised $12.7 million from Susquehanna Growth Equity in a Series B funding round. The company previously raised $3.1 million from existing investors Gigi Levy, Massa Innovations and SaaS Capital, according to Crunchbase, bringing the U.K.-based company’s total amount raised to $15.8 million.
Graduway’s platform enables registered alumni to network, share job or internship opportunities, and also provides a database for institutions to track and stay connected to their former students. The company claims to have more than 500 international clients, including the University of California, Los Angeles and the University of Oxford. According to a press release, the fundraise will be used to further develop the platform, expand its U.S. office as well as pursue new market locations.
