Graduway, the world’s leading provider of alumni networking and mentoring platforms, today announced it has acquired the alumni relations and career services assets of CampusTap, Inc.
This acquisition further strengthens Graduway’s position as the world’s largest provider of alumni engagement and mentoring software.
Graduway CEO and Founder, Daniel Cohen commented, “We are very excited to welcome CampusTap’s distinguished customers to the Graduway family. I would like to take this opportunity to thank Remy and his outstanding team for making this process so smooth.”
CampusTap Founder, Remy Carpinito commented, “Graduway is well known as a leader in the market in terms of both thought leadership and product innovation and we are excited that we can partner with them to provide the most complete solution for our customers.”
Headquartered in the U.K. with operations in the U.S. and Israel, Graduway is trusted by 600+ education institutions and companies to manage their on-line alumni career communities including UCLA, Johns Hopkins and the University of Oxford. Founded in 2009 by Daniel Cohen, author of ‘Alumni Therapy’, Graduway exclusively hosts the Graduway Leaders Summit as a gathering of leaders and executives in the alumni relations and career mentoring world.
CampusTap was founded to enhance the lives of students in 2013. Originally seeking to replace student ID cards with Near Field Communication (NFC) chips in smartphones, the team found that the technology was ahead of its time. CampusTap uncovered a new opportunity in bridging the gap between career service and alumni relation departments. The CampusTap platform provides an intuitive, career networking and mentoring community where students and alumni partake in meaningful mentorship opportunities and discover groups, jobs and companies aligned with their academic, professional and personal interests.
Read more at: PRNewswire
Event success platform Bizzabo, announced today the close of a $15 million round of equity funding, led by Pilot Growth Equity, with participation from European investment fund Maor and existing investors. The investment brings Bizzabo’s total funding to $30 million, in support of its goal to revolutionize the industry with its unique event cloud technology. The new capital will support the rapidly growing customer base, and will accelerate new product development.
According to a Forrester research, the typical CMO will allocate on average 24% of their total annual budget to professional events, which amounts to more than $500 billion marketing dollars invested in professional live events each year.
Read more at: Forbes
Graduway, the leading provider of alumni software, announced today that it has raised $12.7 million in growth funding from Susquehanna Growth Equity (SGE), representing the company’s single largest investment to date. Existing investors include Gigi Levy, Massa Innovations and SaaS Capital.
Read more at: Graduway Blog
Every year, event professionals from around the world converge on London for the Event Technology Awards—the biggest and most prestigious awards show in the event tech industry. At the Event Technology Awards (commonly referred to as the “Oscars” of the industry), event tech vendors are recognized for building outstanding products capable of improving the work of event organizers and marketers.
This year, Bizzabo was shortlisted for four awards and ended up winning the most recognizable award of them all: the People’s Choice Award for Favorite Event Technology Supplier.
SaaS Capital, the leading provider of Committed Credit Facilities to SaaS companies, today announced that it has provided a $2 million line of credit to Graduway.
“We are delighted to be joining the highly successful SaaS Capital family,” said Daniel Cohen, Founder and CEO of Graduway. “This new growth funding will provide Graduway the power to drive our clear strategy of developing leading-edge, next-generation products, deepening our relationships with customers, increasing our market share and reaching new markets and geographies.”
With headquarters in the U.K. and operations in the U.S. and Israel, Graduway is proven and trusted by 400+ education institutions and non-profits, including UCLA, Johns Hopkins and the University of Oxford, to manage their online alumni career communities. The company’s SaaS platform is simple to set up, available on all devices, easy to manage and offers alumni exclusive opportunities.
“This is an incredibly driven management team, and we are fortunate to have connected with them,” said Todd Gardner, Founder and Managing Director of SaaS Capital. “They are so focused on serving their customers with great products and support, that they have quickly become the market leader in alumni engagement.”
Read more at SaaS Capital