Transactions

Acrobatiq / Draper Triangle, Gates Foundation, Hearst Ventures

Type: Financing
Date: July 2015

East Wind acted as exclusive financial advisor to Acrobatiq in a $9.75 million Series A financing led by Draper Triangle, who was joined by the Bill & Melinda Gates Foundation and Hearst Ventures. Acrobatiq is a leading provider in the rapidly growing adaptive courseware and platform market, with roots in twelve years of groundbreaking research from Carnegie Mellon University’s Open Learning Initiative, leveraging cognitive and learning sciences research to improve student outcomes.

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