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Edmodo Raises $15M Series B

2011-12-08
SAN MATEO, CA, Network for teachers and students in K12 schools announced the completion of a new round of venture capital financing led by Greylock Partners and Benchmark Capital.
Edmodo, the free and secure network for teachers and students in K12 schools, announced the completion of a new round of venture capital financing led by Greylock Partners and Benchmark Capital. In conjunction with the $15 million Series B investment, Greylock Managing Partner and LinkedIn Founder & Chairman Reid Hoffman has joined the Edmodo Board along with Matt Cohler, General Partner of Benchmark Capital and former VP of Product Management at Facebook, where he was one of the first seven employees. Edmodo's existing investors include Union Square Ventures and Learn Capital.

Edmodo is a free service that allows teachers to create and maintain their own safe and secure classroom communities across every type of PC and wireless device. Edmodo is used to share educational content, manage projects and assignments, handle notifications, conduct quizzes and events, and facilitate highly engaging learning experiences among students in classes and colleagues in professional learning networks. Schools and districts can claim unique Edmodo web addresses for added communication and customization. Teachers all over the world build profile pages on Edmodo, which they use to meet and stay in contact with other educators, sharing best practices and top resources. Edmodo is headquartered in San Mateo, California.
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