Schoology Series B

Schoology: $6 million to Schoology in Series B round, also led by FirstMark Capital, with Meakem Becker Venture Capital along for the ride. Schoology provides a cloud-based LMS for K-12 schools that ties together online content, classroom management, and social networking features. And perhaps most importantly, it promises to be simple and hassle-free. The startup currently boasts nearly one million "users" spread across some 18,000 schools. More details from TechCrunch.

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