ConnectEDU Closes Capital Raise Led by Allen and Company and North Atlantic Capital
- NewMarketsVP
- Oct 24, 2012
- 1 min read
Updated: Nov 20, 2024
ConnectEDU, web-based leader in connecting learners to possibilities, today announced the close of a $9.5 million dollar funding round, led by Allen & Company and North Atlantic Capital.
“ConnectEDU is committed to bringing our clients and partners innovative solutions to drive student success,” said Craig Powell, ConnectEDU CEO. “These proceeds will be utilized to advance our internal development of product and services offerings as well as our on-going acquisition and partner integration efforts.”
About ConnectEDU (www.connectedu.com) ConnectEDU is a technology company, founded and grounded in education, committed to transitioning 21st Century Learners on their pathways from school to college to career, helping them realize their potential, achieve a secure financial future, and ultimately connect to life’s possibilities. ConnectEDU was created in 2002, by Craig Powell, an entrepreneur with a passion for ensuring that all students have access to the expertise needed to maximize their educational potential. Today, ConnectEDU is the world’s largest education network, with nearly 20 million registered learners, over 4,000 educational institutions, and 130,000 employers.