Bridgeu: BridgeU raises $5.3M

BridgeU has now closed a $5.3m (£4M) Series A investment round led by London’s Octopus Ventures. Existing investor Fresco Capital also participated, and new investor Downing Ventures joined the round. The latest round of funding brings the total raised by BridgeU to £6.4m since the company was founded in early 2014. BridgeU’s team has grown to 40 and works with schools in over 50 countries. The new funding will cover new hires and product development.