Moodlerooms Inc., a Baltimore-based e-learning software company, has raised $2.99 million of a targeted $3.39 million offering, according to a filing with the U.S. Securities and Exchange Commission.
Moodlerooms was a presenting company at TechMedia’s 2011 Southeast Venture Conference in Atlanta in February.
Moodlerooms was founded in 2005 by former teachers Tom Murdock, Sheila Gatling and Gina Russell-Stevens. Its course management system, is based on the open source Moodle system, a free Web application that teachers use to create online learning sites.
Investors include Longworth Venture Partners, Kaplan Ventures, Frank A. Bonsal III, and New Markets Growth Fund.
See also: Moodlerooms chalks up $7.15M




