Startups

Safeguard Scientifics just led a $5.5M Series B for a DC edtech startup

The venture capital firm invested $4 million.

Safeguard Scientifics led a $5.5 million Series B for Washington, D.C.-based edtech startup Full Measure Education, our sister site Technical.ly DC reported.
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Safeguard invested $4 million in the round and now has a 25 percent stake in the company, said spokeswoman Jennifer Guinan. That ownership stake refers to Safeguard’s primary ownership, meaning that it includes things like stocks and bonds and isn’t a perfect number to calculate a company’s valuation.
Safeguard’s Erik Rasmussen joined the board.

Companies: Safeguard Scientifics
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