ConnectEDU, a provider of web-based college and career access technology, has raised $5 million in venture debt, according to a new filing by the company with the Securities and Exchange Commission.

ConnectEDU is a technology company, founded and grounded in education, committed to transitioning 21st Century Learners on their pathways from school to college to career, helping them realize their potential, achieve a secure financial future, and ultimately connect to life's possibilities. ConnectEDU was created in 2002, by Craig Powell, an entrepreneur with a passion for ensuring that all students have access to the expertise needed to maximize their educational potential. Today, ConnectEDU is the world's largest education network, with nearly 20 million registered learners, over 4,000 educational institutions, and 130,000 employers.