MasteryConnect Gets $3.425M

Salt Lake City-based education technology provider MasteryConnect has released details on its new funding round today, saying that it has raised $3.425M in additional funding from its Series A investors. Investors include Catamount Ventures, with participation from the Michael & Susan Dell Foundation, Deborah Quazzo of GSV Advisors, Learn Capital, and other Silicon Valley angels. MasteryConnect said the funds will go towards accelerate adoption of its platform in K-12 schools. MasteryConnect's software is used by teachers to track the grades and progress of their students. The company said it has now raised a total of $8.975M in its Series A. The new funding was disclosed in a regulatory filing last week. More information »