Civitas Learning Gets Million Commitment From Warburg Pincus

Looking to roll up more technologies into its portfolio, higher education software provider Civitas Learning received a commitment of up to $60 million to consolidate its position in the field of higher learning.The Austin-based company started its development with six public schools in 2011 and has since grown to manage a several different areas for a number of vocational and state schools. According to the company, the idea is to use data science to encourage retention, student engagement, and after school success among colleges across the country. Initially backed by investors including Austin Ventures, Emergence Capital Partners, and Felicis Ventures, Warburg Pincus has come on to lead the latest round of funding, which brings the company’s total to $88.9 million. According to chief executive, Charles Thornburgh, the core addressable market for…

Link to Full Article: Civitas Learning Gets Million Commitment From Warburg Pincus

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