Fenwick & West LLP represented Civitas Learning, Inc., a provider of a cloud-based predictive analytics platform and engaging applications that brings together education, technology and data to help college students learn well and graduate on time, in its recently announced $8.75 million financing. The transaction was led by Emergence Capital Partners with returning investors Austin Ventures, First Round Capital and Floodgate and new investors Felicis Ventures and New Markets Venture Partners.
The company plans on utilizing the new funds to accelerate the expansion of its predictive analytics platform and software application ecosystem. More information about Civitas Learning’s $8.75M financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate partner Mark Stevens and corporate associates Michael Brown and Evan Johnson.