Elluminate Inc. secures financing from MMV Financial > MMV Financial | Venture Loan | Bridge Loan | Structured Loan | Debt Financing | MMV Capital Partners > Archives

Funding Rounds

Summary

– Elluminate, Inc. (“Elluminate”), a leading provider of proven, best-in-class web, audio, and video solutions for real-time online learning and collaboration announces the completion of a second sizeable investment from MMV Financial Inc. “We are extremely pleased to extend our relationship with Elluminate,” said Ron Patterson, Executive Vice President, MMV Financial. “As an existing portfolio company, Elluminate has made significant progress in technology development and product enhancement, thereby growing its market reach. Samanani and his team have built a strong relationship with a growing customer base that is set to expand rapidly in the coming years”. Elluminate’s products create a rich, collaborative environment for live remote training and online meetings, all while delivering lower upfront costs and strong ROI. Elluminate’s technology has continued to deliver exceptional outcomes, including enhanced learning experiences, increased retention and completion rates.

$ Funding

$
Amount - Total raised
Date July 22, 2009 Announcement date
Investors - Lead investors
Company http://www.elluminate.com Funded company

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EduTech - institutions
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EduTech - learning

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