DreamBox Learning is an e-learning company for students that has raised $11 million in a new round of funding. netflix CEO Reed Hastings, Kleiner Perkins partner John Doerr, Deborah Quazzo, and GSV Capital Corp. is participating in this round of funding. DreamBox has raised a total of $18 million in funding.

Netflix, Inc. (NASDAQ:NFLX) CEO Reed Hastings has bought DreamBox Learning, an e-learning company. The acquisition was made through a partnership between Hastings and The Charter Fund. The acquisition includes a $10 million investment designed for promoting the growth of the company. Before Hastings was the CEO of Netflix, he was a math teacher. DreamBox has online games designed to make learning fun. Below is the full press release [paidContent].