@Moodlerooms Seeks Additional $1.5 in funding


As partners and use of Moodle proliferate around the world, one Moodle partner and start-up is lengthening its runway and raising additional financing (1.5 million this 3rd round) according to a Baltimore Sun article.  As it grows to compete with the LMS giants (Blackboard namely) it has been snapping up colleges and university systems around the US into multi-year contracts for its POWER and joule platforms (hosted solutions only) and transition expertise.

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Moodlerooms made start-up/investment headlines last year when it raised nearly 8 million dollars in two rounds of investment.

Read more at the Balitmore Sun BaltTech blog or in their archives.

Full disclosure: I’m now a Baltimore resident and my company, StraighterLine is now a client of the ETC tech incubator which Moodlerooms got it’s start in.  It’s great to see local businesses doing well and improving the local economy.  Now if we could just get a win from the O’s…