Grockit raises $2.3M for online test preparation
Grockit, a San Francisco company that helps students prepare for tests online, has raised $2.3 million of a planned $2.7 million first round of capital, according to a regulatory filing cited by PE Wire.
Benchmark Capital led the deal, with Mitch Lasky taking a board seat.
We bumped into Grockit founder Farbood Nivi a few months ago, and he told us he was about raise funding for his project. He’s been teaching exam prep for Kaplan… Continue Reading
Benchmark Capital hires Lasky, of Jamdat fame
Benchmark Capital has hired Mitch Lasky, the early chief executive of mobile games company Jamdat Mobile that was acquired by Electronic Arts in late 2005.
Lasky will move to Silicon Valley from Los Angles to join Benchmark’s seven other partners. Benchmark is considered a leading venture firm, having invested in eBay, Tellme, MySQL and others. The firm prides itself the equal status of its partners, in contrast to many other firms, where there can be hierarchies… Continue Reading