Data analytics platform BrightBytes has raised a $33 million Series C led by Insight Venture Partners with participation of Bessemer Venture Partners, Rethink Education and Learn Capital. Nick Sinai, Venture Partner at Insight Venture Partners, will join the BrightBytes board of directors.
Founded in 2012, the San Francisco-based startup previously raised $18.5 million across several rounds, bringing the total raised to $51.5 million.
BrightBytes data analytics platform enables school administrators to better manage tasks like technology efficacy, dropout prevention, at-risk student identification, data privacy and safety. According to BrightBytes, approximately 1 in 5 schools in the United States use the Clarity platform. At the time of its Series B in March 2014 the ratio was 1 in ten schools.
The new capital will be used to grow the product’s user base among K-12 teachers and to grow the team.
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BrightBytes Receives $33 Million Series C Led by Insight Venture Partners to Further Accelerate Growth | PR Newswire