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