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San Diego

CourseKey's $5 million financing tops recent funding news in San Diego

San Diego-based education and B2B company CourseKey has secured $5 million in Series A funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced July 30 and led by Builders VC.

According to its Crunchbase profile, "CourseKey is used by career-training organizations across the country to collect, measure and understand real-time learning at scale. Through an automated, real-time data capture and analytics platform, CourseKey strengthens the bond between student, instructor and school through up-to-the minute attendance automation and behavioral insights."

The 4-year-old startup has raised seven previous funding rounds, including a seed round in 2018.

The round brings total funding raised by San Diego companies in software over the past month to $12 million. The local software industry has produced 59 funding rounds over the past year, securing a total of $626 million in venture funding.

In other local funding news, life science company Immunic announced a grant on Aug. 1, financed by Germany's Federal Ministry of Education and Research (BMBF).

According to Crunchbase, "Immunic is a clinical-stage biopharmaceutical company developing a pipeline of selective oral-immunology therapies aimed at treating chronic inflammatory and autoimmune diseases, including relapsing-remitting multiple sclerosis, ulcerative colitis, Crohn’s disease and psoriasis."

Founded in 2016, the company has raised three previous rounds, including an $11 million Series A round in 2017.


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