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Venture Capital News: Boundless Learning Inks $8M Series A

2012-04-05
BOSTON, MA, Firm seeks to create a free learning platform that saves students money. The round was led by Venrock and includes NextView Ventures, Kepha Partners, Founder Collective, and SV Angel.
Boundless Learning, the a provider of a platform for the delivery of educational content, has raised $8 million in its first round of venture capital. The round was led by Venrock. Other investors in the deal include NextView Ventures, Kepha Partners, Founder Collective, and SV Angel.

Boundless Learning is making the world's open educational content more useful for students by connecting them with the wealth of high quality, openly licensed, and free educational content that has been created by leading educators and institutions over the last 20 years. We work directly with pillars of the Open Educational Resources (OER) community and have an esteemed set of advisors and investors with substantial experience in education, publishing, and OER. Boundless curates the best open content to create a free learning platform that saves students money and helps them learn more efficiently.

Boundless was founded in April of 2011 by three seasoned Boston entrepreneurs with the shared goal of revolutionizing the educational experience.

Together, they've founded 6 companies, raised $25M+ in funding from tier-one investors, built products that have reached over 110 million consumers and are ready to take on their biggest idea yet.
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