Monday, February 11, 2008

Teachscape Raises $3M in Venture Financing

San Francisco-based Teachscape Inc., a provider of K-12 educator-training programs, announced Friday that it has raised $3 million in venture capital, in a combination of debt and equity. Teachscape credited MMV Financial Inc. of Toronto with leading the effort thanks to a $2 million contribution. No other funding-related details were disclosed. Teachscape provides research-based, data-driven, integrated professional learning services for educators throughout a school system. MMV Financial offers debt and equity financing to technology and life sciences companies throughout North America. The firm is backed by private equity firms and financial institutions such as CCP Equity Partners, HSBC, NewStar Financial Inc. and Wells Fargo Co.