Apr 6, 2010

ConnectEDU Surpasses Goal in Series D Financing

(Boston, MA) April 6, 2010 – ConnectEDU, Inc., (www.connectedu.net), the Web-based leader in empowering students to manage their education and launch their career, today announced the close of their Series D Financing, which was marked by the surpassing of the company’s projected $4 million dollar goal.

“We are excited about the great response received during this round of financing,” said ConnectEDU CEO, Craig Powell. “To have exceeded our goal, in this economic environment, speaks to the fundamentals of our business model and our mission to empower young people in managing their education and career transitions. These funds will continue the acceleration of our recent statewide contracts in Massachusetts, Michigan, Texas and other state opportunities as well as the extension of our products to other ‘retail’ customers. We are excited by the opportunities ahead.”

For more information on ConnectEDU and the ConnectEDU National Network™, visit www.connectedu.net or call (617) 532-3000.

About ConnectEDU, Inc.
ConnectEDU is devoted to helping students find and enroll in the right college, get a degree, and launch their career. Created, developed and run by people who have worked in every area of college counseling, admissions, and career development, ConnectEDU uses information technology to connect real students and real data with real colleges, and real career opportunities. We make the college admissions process simpler, more efficient, more reliable and more effective. ConnectEDU’s approach gives every student, from every neighborhood across the country, the best opportunity to achieve a dream of a college education and promising career.


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