rSmart raises $10.75M from ASAHI Net, GSV Advisors, and private investors

RSMART: $10.75 million in Series B round to Scottsdale, AZ-based rSmart from ASAHI Net, GSV Advisors, and private investors. The company offers colleges two services: Sakai (an LMS) and Kuali (enterprise resources planning system). RSmart currently serves over 250 customers, including many state universities, as well as tech titans IBM and Microsoft. More details from VentureBeat.

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