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Venture Capital News: CampusQuad Secures $5M in Series A

2015-02-02
SAN CARLOS, CA, Creators of a communication platform for mobile student engagement, today announced the company has closed $5 million in Series A financing.
CampusQuad, Inc. (www.campusquad.co), creators of a communication platform for mobile student engagement, today announced the company has closed $5 million in Series A financing. The round was led by ICG Ventures Inc., an Ingram Content Group company. CampusQuad will use the funds to invest in product development, scale business operations and continue to drive widespread adoption across North American campuses.

CampusQuad's pioneering mobile-first SaaS communication and engagement platform provides students with 24/7, real-time access to everything happening on campus from events and club activities to university services. For institutions, CampusQuad provides Student Affairs practitioners with invaluable data to assess student engagement, as well as utilization and effectiveness of programs.

'CampusQuad is defining the college mobile experience for both institutions and students,' said Frances Cairns, Founder & CEO of CampusQuad. 'We're working closely with Student Affairs officers and students nationwide to solve the daunting issue of real-time information access as a means to encourage discovery, exploration and engagement in campus events, activities and services. The investment by ICG Ventures will allow us to significantly expand and deepen the engagement experience for fall 2015 and beyond.'

'CampusQuad is addressing an important communication need for universities and colleges - the ability to connect and engage with students in relevant ways, so they can be served better,' said David Roland, Chief Venture Capital Officer, Ingram Content Group Inc. 'The CampusQuad platform has proven to be highly impactful in a short period of time, a clear indication that the company is positioned to lead the mobile communication sector in higher education.'

About CampusQuad

CampusQuad is a mobile-first communication platform designed to elevate student engagement through easier access to co-curricular experiences and university services. It connects students to the events, resources, clubs and organizations that broaden their worldview through exposure, exploration and skill development. Universities benefit from a direct communication channel to students and real-time analytics that track and assess the participation and effectiveness of programs, services and events. For more information, go to: www.campusquad.co.

About Ingram

Ingram Content Group Inc. is a subsidiary of Nashville-based Ingram Industries Inc. The company got its start in 1964 as a textbook depository and has since grown and transformed into a comprehensive publishing industry services company that offers numerous solutions, including physical book distribution, print-on-demand and digital services. Committed to the success of its partners, Ingram works closely with publishers, retailers, libraries and schools around the world to provide them with the right products and services to help them succeed in the dynamic and increasingly complex world of content publishing. Ingram's operating units are Ingram Book Company, Lightning Source Inc., Vital Source Technologies, Inc., Ingram Periodicals Inc., Ingram International Inc., Ingram Library Services Inc., Spring Arbor Distributors Inc., Ingram Publisher Services Inc., Tennessee Book Company LLC, Coutts Information Services, and ICG Ventures Inc. Learn more about Ingram Content Group at www.ingramcontent.com
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