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Educational Software Firm Headsprout Secures $6.3M Series C Financing; Headsprout's Online Solution for Effectively Teaching Early Reading Skills Set To Leverage Multi-Billion Dollar Early Education Market.

Publication: PR Newswire
Publication Date: 23-JAN-03
Format: Online - approximately 580 words
Delivery: Immediate Online Access

Article Excerpt
SEATTLE -- SEATTLE, Jan. 23 /PRNewswire/ -- Headsprout, a developer of online education software for teaching basic academic skills, has closed on $6.3M in its Series C financing. Roser Ventures led the round with Sofinnova Ventures, the Raisin Fund, and others also participating. Headsprout will use the funds for working capital, and to further expand sales and marketing into the school market.

"Headsprout's patent-pending instructional technology is reliably teaching children basic reading skills faster and more effectively than any other product we know of," says Greg...

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