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NEWS


1/25/2010

Data Center Customer Raises $1.55 Million in New Funding.

Reston, Va. -- Koofers, the Reston-based developer of an online community where college students share old exams, quizzes and class notes for use as study aids, has raised $1.55 million in new funding, according to a filing with the Securities and Exchange Commission (SEC). The company, said that it still plans to raise another $500,000 in the round. Though names of the new investors were not overtly disclosed, Anthony Lee, a general partner from Altos Ventures, and John Backus, a principal at New Atlantic Ventures, are listed among the company's directors. Koofers secured its first $500,000 in institutional funding in late 2008, after receiving seed funding from LaunchBox Digital.

Data Center West wants to thank Koofers for choosing our professional services to help their business grow.



Written By: David Hand

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