TechTaffy

Edmodo Secures $25 Million Series C Funding Round

[Techtaffy Newsdesk]

Edmodo, a free K-12 social learning network based in San Mateo, California, has closed a $25 million Series C funding round led by new investor New Enterprise Associates (NEA). Existing investors Greylock Partners, Benchmark Capital, Union Square Ventures, and Learn Capital, also participated in the funding round. NEA general partner Tony Florence is also joining  Edmodo’s board.  With this financing, Edmodo has raised $47.5 million to date.

Edmodo launched in the 2008-09 school year.  The network topped 8 million registered users in summer 2012. At the close of the 2011-2012 school year, 85 of the largest 100 school districts in the United States had implemented Edmodo subdomains, says the company.

Edmodo enables teacher-to-teacher resource sharing, global professional development and networking opportunities, and is accessible from any Internet-enabled device. Schools and districts can establish unique Edmodo URLs and access additional management and analytic tools. Edmodo is free for teachers and students.

Categories:   Startups

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