MyEdu, an Austin, TX-based student academic platform for completing college, is receiving a $10m investment from the University of Texas System (UT System)
The company intends to use the proceeds to extend its platform with enhanced functionality.
Founded in 2008 by CEO and Chairman Michael Crosno, MyEdu offers degree planning, credit management, workload tracking and social applications to enable students to increase their return on education by raising graduation rates, decreasing time to graduation and supporting career readiness goals.
As part of the partnership, MyEdu will provide its platform to students across UT System institutions.
The company’s investors also include Bain Capital Ventures.
FinSMEs
24/10/2011