Edmodo Raises $15 Million In Series B

Posted Dec 12, 2011

Edmodo is an education social network for teachers and students K-12. The company has raised $15 million in Series B funding led by Greylock Partners and Benchmark Capital. Reid Hoffman (Greylock) and Matt Cohler (Benchmark) will be joining Edmodo’s board of directors as a result of this funding round.

The user interface of Edmodo looks just like Facebook. It is a social network for students and teachers to connect with each other. Edmodo is private and secure. Edmodo is a free service where teachers can share educational content and manage projects.

Students on Edmodo can take quizzes and interact with the website. However students cannot direct message each other.

?Both Matt and I have seen networks grow spectacularly once they hit their tipping point. It?s clear to us that Edmodo is well on its way to becoming one of the key networks in our lives. Just as LinkedIn is the professional graph for work and Facebook is the social graph for your friends, Edmodo is the educational graph for learning. The graph provides the platform for teachers to bring selections of the web to the classroom?Edmodo is the third social graph network that Greylock has invested in, after Linkedin and Facebook,? stated Reid Hoffman.

Currently Edmodo has 5 million users in 60,000 schools, which is up from 500,000 users at the end of 2010. The funding will be used for hiring engineering talent and scaling Edmodo.