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SimpleTuition Raises $4.4 Million in Financing; Atlas Venture and IDG Ventures Lead Series A Round.

Publication: Business Wire
Publication Date: 14-APR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BOSTON -- SimpleTuition, a new company that will simplify the college financial aid process, today announced the completion of a $4.4 million Series A financing led by Atlas Venture and IDG Ventures Boston. As part of the funding, Eric Hjerpe from Atlas Venture and Jeff Bussgang from IDG Ventures will join the company's board of directors.

The process of assembling education loans for college is a complicated and frustrating experience for many students and parents. SimpleTuition will focus on helping to simplify this process by presenting students and families with a free, dynamic, Internet-based tool that competitively showcases loan offerings across various loan categories. This...

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