Today is a big day for us at Jana. We’re thrilled to announce that we have raised $57 million in Series C funding, led by our new investor, Verizon Ventures, with participation from our existing investors, Spark Capital and Publicis Groupe. Additionally, Tim Armstrong, Chairman and CEO of AOL, has agreed to serve on our advisory board.
Infusion of capital by the Emerson Collective, Zuckerberg Education Ventures, and Omidyar Network will accelerate new product development focused on instruction and personalization.
Ellevation kicks off 2016 with $6.4 million in funding to further its mission of supporting English Language Learners across the country. The co-investment, led by the Emerson Collective with participation from Zuckerberg Education Ventures, the Omidyar Network, and existing investors, will enable more educators to help students reach their highest aspirations.
GSN Games, a leading provider of social casino games and cash tournaments, today announced its acquisition of Plumbee, a social casino studio based in London. Founded in 2011, Plumbee is best known for its successful Mirrorball Slots app, which boasts more than 10 million downloads on Facebook and mobile devices. The studio brings a team of more than 40 employees with a proven track record of creating innovative games for social casino audiences.
BeON Home, creator of the first Bluetooth Smart-enabled home protection system that provides preventative security and emergency lighting, today announced it has secured $2.9M in additional capital. The round was led by Jopeko, LLC and included continued participation from existing investors and multiple new investors. The investment will accelerate BeON’s growth and expand its product line. This funding brings BeON’s total investment to date to nearly $5M.
Atlas5D, a leader in creating solutions to help people with reduced mobility live better and richer lives, announced a $3 million Series A venture capital investment from GreyBird Ventures, LLC, a venture firm that invests in early-stage companies developing products to accelerate the nascent trend of precision medicine. Atlas5D will use the infusion of capital to continue growing its team and expanding the business.
Flywire (formerly peerTransfer), a leading provider of cross-border payment solutions, today announced the acquisition of Toronto-based ScholarFX, a respected processor of tuition, room and board payments for international students attending universities and other educational institutions in Canada. The news follows Flywire’s successful October 2015 acquisition of UK-based Uni-Pay, and its continued strong organic growth.
Today we announced a major step forward in the execution of our vision and product strategy. We've closed a new $50 million strategic investment round co-led by Goldman Sachs and IDG Capital Partners.