Colleges and universities are sitting on mounds of data that could lead to all kinds of valuable insights – like which students are most at risk for failing or what course loads tend to lead to attrition. But, until recently, schools haven’t had the tools to aggregate and analyze those disparate datasets.
About a year ago, Civitas Learning launched to bring big data analytics to higher ed. On Tuesday, the Austin-based company said it raised an additional $8.75 million in venture capital.
The round, which follows $4.1 million closed last year, was led by Emergence Capital Partners and included existing investors Austin Ventures, First Round Capital and Floodgate, as well as new investors Felicis Ventures and New Markets Venture Partners. With the new funding, the company said it plans to expand to additional schools and build out its services.
Charles Thornburgh, CEO and founder of Civitas, launched the company after…
View original post 371 more words