The New Orleans educational technology startup Kickboard, which runs an internet-based service for teachers to track data on student performance, announced on Wednesday that it has raised $2 million in early stage investments from a pair of venture capital firms and several angel investors. More than 200 schools nationwide use Kickboard's service.
The lead investors in this round of money-raising for Kickboard are New Markets Venture Partners, a Maryland-based venture capital firm, and Two Sigma Ventures, a New York-based finance firm. They build upon $800,000 in initial investments Kickboard previously secured.
Kickboard was founded during the 2009-10 school year by Jennifer Medbery, who joined Teach for America and taught math at Sci Academy in New Orleans after earning a degree in computer science from Columbia University in New York.