Online-learning company Edmentum Inc. has closed on $25 million in financing, a deal that allows the company to extend the maturity of its debt, according to a company announcement. New Mountain Finance Corp., a New York-based investment firm, and Santa Monica, Calif.-based Tennenbaum Capital Partners, provided the financing. Both companies were already investors in Bloomington-based Edmentum. Control Data launched Edmentum — then known as Plato Learning — more than 50 years ago.
Comment on Online-learning firm Edmentum raises $25 million
Katharine Grayson, Biz Journals
Wed, 04/11/2018 - 9:12am
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