Today, Wisconsin-based startup, StudyBlue, announced that it has raised $9 million in series A-1 funding led by Great Oaks Venture Capital. The Wisconsin Alumni Research Foundation (WARF) also contributed to the investment, which will allow the startup to continue building on its strong, recent growth. StudyBlue, which allow students to create their own online and mobile study tools in a digital backpack through which they can store, study and share course material, has grown to a user base of 2.5 million students strong.Source: http://feedproxy.google.com/~r/Techcrunch/~3/CAlYrWgG8Bg/
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