Tuesday, July 2, 2024
HomeEdTech MarketAuthentica Solutions Raises $6.2M in New Funding to Expand Its Operations

Authentica Solutions Raises $6.2M in New Funding to Expand Its Operations

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Authentica Solutions, a leader in data integration and intelligence management solutions for the education sector, has recently announced the successful completion of a $6.2 million in a Series Seed funding round led by Owl Ventures, the largest EdTech-focused venture capital firm globally.

Founded by Russell Long and Gene Garcia, Authentica Solutions has a proven track record of innovation and impact across the global education landscape. Its flagship product, Authentica seed™, is an Education Intelligence Platform that empowers institutions to unlock the full potential of their data through exceptional integration, automated quality improvement, AI, and top-tier data management. The platform drives change through Authentica seed™, Medicaid solution engineering services, and Authentica phoenix™ Special Education software.

Commenting on the fundraising, Russell Long, Co-founder and CEO of Authentica Solutions, said:

We are thrilled to partner with Owl Ventures as we continue our journey to transform data interoperability in education. The experience and expertise from the Owl team will further empower our customer-centric culture and help us expand our solutions designed to transform how the education ecosystem manages their intelligence.

Authentic seed™ is offered in the United States and Canada, with planned expansion into Asia, Australia, and the UK shortly. It serves K12 school districts, Higher Education Universities and Colleges, Departments and Ministries of Education, Education Software Providers (EdTech), System Integrators, and Strategic Partners.

Adding about the latest development, Gene Garcia, Co-founder and CTO of Authentica Solutions, said:

With this investment, we are poised to accelerate advancements in our platform, driving greater efficiency and insights for educators, administrators, and students. We aim to create a seamless and secure data ecosystem that supports the diverse needs of the education community and its partners.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

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Jaswinder Singh
Jaswinder Singhhttps://lmsdaily.com
I am an experienced Moodle Professional with experience in Moodle Course Creation, Moodle Setup, Moodle Integration, Moodle Training, Moodle Support & troubleshooting. YI am the author of popular books - "How to use Moodle 4.1" and "how to use Moodle 2.7". I work with one goal in mind “CUSTOMER SATISFACTION” – whether this means working to achieve results within a specific deadline (or beating the deadline), or with a focus on solid quality, if my client requires the job to be done I will go out of my way to achieving whatever it is that is necessary to do so. Basically, I can take care of your all Moodle requirements so that you can focus on your core job and I will manage your Moodle LMS.

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