Kaplan Ventures, the corporate venturing division of media group Washington Post’s education subsidiary, has made its first deal since forming a fund earlier in the month.
Moodlerooms, a US-based software company for online learning, raised $7.15m, according to a regulatory filing first revealed by news provider New York CityBizList.
Jason Palmer, senior vice president of Kaplan Ventures, is a director of Moodlerooms, which is also backed by angel investors and venture capital firms Longworth Venture Partners and New Markets Venture Partners.
Last February CityBizList said New Markets joined local investors in raising $450,000 for Moodlerooms.