Tutor.com raises $13.5 million
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- May
- 10
Pleasantville resident George Cigale’s Tutor.com, a New York-based provider of online tutoring services, announced that Intel Capital and other venture capital firms have made new investments of $13.5 million. The money will help fund expansion of Tutor.com Direct, the company’s online tutoring service for students and families.
“This investment will help Tutor.com build upon our successful institutional business to execute an aggressive marketing campaign and establish strategic partnerships to grow our subscriber base,� Cigale, founder and chief executive officer of Tutor.com, said in a written statement. “There is an untapped market of millions of families with school age children who will benefit from on demand access to the largest professional tutor network available.� The site offers a network of more than 1,300 professional tutors who have delivered more than 2 million one-to-one tutoring sessions.
This entry was posted
on Thursday, May 10th, 2007 at 2:42 pm by Jay Loomis.
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