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Schoolwires grabs $12 million in Series A

Startup Meme  Jan 16 09

State College, Pennsylvania based online portals and content management solutions provider, Schoolwires, has raised $12 million in the first round of funding. The round was led by Kennet Partners. Also Eric Filipek of Kennet Partners has joined Schoolwires’ board of directors. According to Schoolwires’ CEO, Edward S. Marflak:

With an impressive track record of investing in respected and strategically-positioned companies experiencing significant growth, Schoolwires is excited to partner with Kennet.

The management team is extremely insightful and delivers a level of expertise in growing businesses like ours that will be a major benefit as we accelerate expansion and deliver powerful market innovations. Full story...



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This post is a follow up comment to @Jordan Kurzweil published on TechCrunch (Print is Dead! Long Live Print?)

I guess the Print Media is dying a slow and gradual death ( i am generalizing my statement), as in many regions globally the Print is very deeply rooted.