EdCast Raises $16M in Series B Funding

Funding Rounds

▤ Summary

EdCast, a Mountain View, CA-based company providing a knowledge media and intelligence learning platform for individuals, teams and organizations, completed a $16m Series B round of financing.The round, which follows a $6m Series A round raised in late 2014, was led by GE Asset Management with participation from SoftBank Capital, Cervin Ventures, Stanford StartX Fund and Penta Global.Led by Karl Mehta, Founder & CEO, EdCast operates a knowledge network built to educate individuals, teams and organizations via curated and contextual bite-size insights (called SmartBitesTM), with live access to subject experts.The company’s knowledge networks is used by social, mobile and cloud-based informal learning for institutions, enterprises, governments and nonprofits.EdCast, a Stanford StartX company, recently announced a partnership with HP to power its HP LIFE knowledge community of over 500,000 users worldwide.

$ Funding

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Amount $16.0M Total raised
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Date April 13, 2016 Announcement date
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Investors Cervin Ventures, SoftBank Capital, EdCast, GE Asset Management Lead investors
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Company http://www.edcast.com Funded company

▥ Classifications

industries
No industries detected
applications
EduTech - learning

◇ AskAI Classifications

Labels
Learning Experience Platform Digital Adoption Platform Employee Training Software

▦ Linked Companies

EdCast
$1M to $5M