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February 2004

Imago Raises $5 million in 2nd Round
Imago Scientific announced that it has raised $5 million in a second round of financing. The company was able to attract a new lead investor for this round - Portage Venture Partners - a member of the Draper Network - and its previous investors, including Draper Triangle, participated again in this round, testimony to the attractiveness of Imago's technology. Read the full release.

Feb 20 | Permalink

Carnegie Learning Wins Grant
Carnegie Learning, in collaboration with Carnegie Mellon University and Worchester Polytechnic Institute (WPI), received a $1.4 million grant from the Institute for Education Sciences of the U.S. Department of Education. The companies are joining together to study a Web-based computer tutor ?Assistment? system that will help students prepare for standardized mathematics tests. Carnegie Learning captured the only I.E.S. grant awarded to mathematics education this year. Read the full release here.

Feb 19 | Permalink

Ingrid Ellerbe Joins Carnegie Learning as VP of Marketing
Carnegie Learning, innovator in developing K-12 mathematics curricula, announced Feburary 4th that Ingrid Ellerbe has joined the company as Senior Vice President of Marketing.

Feb 5 | Permalink