StudyBlue, a Madison, Wisconsin-based Internet service that allows students to access their class materials and and study, closed a $3.65m Series A financing.
The new capital will enable the company to expand across the nation’s colleges and universities and increase its mobile efforts.
This brings the total amount raised by the company to $6.5m over the past two years. In that time, the service has expanded from 25 campuses to more than 500 across the nation.
StudyBlue is comprised of a digital study home, organized by class, which enables students to upload or transcribe their notes and create digital flashcards and study guides. It is accessible from a laptop, a smartphone (iPhone), or using an iOS native app.
FinSMEs
15/10/2010