Schoology raises $15 million in funding

Posted Jun 24, 2014

Schoology, a learning management solutions company, has announced that it has raised $15 million in funding led by Intel Capital with participation from Great Oaks Venture Capital, Great Road Holdings, FirstMark Capital and Meakem Becker Venture Capital. Sumeet Jain of Intel Capital has joined Schoology’s board of directors.

Schoology has now raised a total of $25 million in funding, which will be used to support continue expansion in K-12 and higher education.

Schoology offers tools to instructors like dedicated mobile apps and access to an integrated global learning community, advanced analytics, and reporting.

?We are in a golden age for education technology, and Schoology is at the forefront, driving innovation in the market. We continue to receive praise from our users, as well as industry accolades, for our work in building a unified platform that is helping to improve the learning experience for students of all ages,? stated Jeremy Friedman, CEO of Schoology. ?Intel is one of the largest names in global education, and their investment represents significant validation for the work we are doing.?