StudyPlaces raises $3M for education resources
Entering a market dominated by the venerable Princeton Review, new startup StudyPlaces is a information portal for higher education, with college listings, test primers and career advice, as well as community forums.
The company was started by well-known Indian entrepreneur Amitabh Nagpal and based primarily in that country, but also has both a presence and investors in the United State.
Investors in the $3 million round included Kleiner Perkins Caufield & Byers, Info Edge and Sherpalo Ventures. StudyPlaces previously took less than $1 million in angel funding.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.