Madison, Wisconsin Startup Lands $9 Million In Funding

Frank Gruber

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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Frank Gruber is the cofounder, CEO and Executive Editor of Tech.Co (formerly Tech Cocktail). He is the author of the book, Startup Mixology, Tech Cocktail’s Guide to Building, Growing, and Celebrating Startup Success. He is also a startup advisor and investor to startups. Find Frank Gruber online and follow him on Twitter at @FrankGruber.