January 4, 2013
Madison, Wisconsin-based education startup StudyBlue has raised $9 million in a first round. The round was led by Great Oaks Venture Capital with participation from the Wisconsin Alumni Research Foundation. The company, which has more than 2.5 million students using its free apps to create flashcards and quizzes, was founded three years ago by graduates of the University of Wisconsin. Go Badgers! Source: JSOnline.
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