EdSurge Raises $400 K of Seed Funding
- 0 Comments... What do you have to say?
EdSurge, a news organization dedicated to accelerating the adoption of innovation in education has raised $400 k of seed funding from not the usual venture capital firms rather from non-profit organization, print giant corporation and from executives turned angel investors.
The funding came from The Bill and Melinda Gates Foundation, the Washington Post, Allen & Company and angel investors including O’Reilly Media exec Dale Dougherty, and Judy Estrin.
“We believe that great journalism has a big role to play in spurring companies to build the best products,” says Washington Post Chairman Don Graham.
Funding
Funding Total: $400,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| Seed | 08/2012 | $400,000 | – | – |
| Investors: The Bill & Melinda Gates Foundation, The Washington Post Company, Allen & Company | ||||
Founders
- Posted in: Funding
- Subscribe to RSS
