With participation from the Wisconsin Alumni Research Foundation, Great Oaks Venture Capital has led a $9 million Series A1 financing for Middleton, WI-based StudyBlue. The company operates an online academic network for students and teachers at the high school and collegiate level. Among its platform features are online flashcards and mobilization apps for class notes. StudyBlue will reportedly use the funds to accelerate its momentum in the online education market.
