StudyBlue Raises $9M Funding

656

StudyBlue[Techtaffy Newsdesk]

StudyBlue, a mobile and social study platform, has raised $9 million in a Series A-1 funding round led by Great Oaks Venture Capital, with participation from the Wisconsin Alumni Research Foundation (WARF) and existing investors.

“We are experiencing rapid growth. This financing allows us to further expand our community and platform to help students master their course material faster,” said Becky Splitt, StudyBlue’s CEO. “Our online, mobile and social tools connect students to a comprehensive crowd-sourced library of content on nearly any subject, and to each other, in a highly relevant way.”

StudyBlue provides students with a “digital backpack” that helps them store and organize their class study materials, turn them into digital flashcards and quizzes, and compare them with others studying the same subjects.