Wednesday, July 4, 2012

BenchPrep Grabs $6M From NEA, Revolution For Cross-Platform, Interactive Courses

BenchPrepWhen it comes to learning, BenchPrep believes that the most effective educational content doesn't come in the form of books -- or even eBooks. Instead, it's interactive and cross platform. That's why the Chicago-based startup is on a mission to build an adaptive learning hub for interactive courses, where students can study content from any publisher, on the Web or on any mobile device. The startup has already released 100 courses, which are being consumed by 250K students, but the team has bigger ambitions -- they want to reach 500 courses and one million students within the year. To help it meet this scale, BenchPrep is today announcing that it has closed $6 million in venture funding, led by New Enterprise Associates with participation from Revolution Ventures. This is BenchPrep's second round of funding, following the $2.2 million it raised from Lightbank last year, bringing its total to $8.2 million. BenchPrep was one of Lightbank's first investments and Eric Lefkosky and Brad Keywell continue to sit on the startup's board of directors. As a result of the round, NEA partner Peter Barris also joins the board.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/F2j3ul9AHFE/

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