ClevrU Raises $850,000 in Seed Money from Local Investor Network

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ClevrU completed an initial raise of private capital May 2011, from a group of technology Angel Investors for the amount of $850,000. All the investors are members of the local Angel investor network of the Golden Triangle Angel Network (GTAN).

“ClevrU is appreciative of the local community support and the confidence the investors have placed in the management of ClevrU to implement its business plan.” said Dana Fox, President and CEO of ClevrU Corporation. “ Building a business requires a dedicated team and we are very excited to have this team of angel investors at our side as we begin to develop markets for our intelligent and adaptive mobile e-teaching solution in the education vertical.”

About ClevrU Corporation

ClevrU is focused on WEB 3.0 applications that intelligently leverage Cloud Computing in a mobile environment. ClevrU has developed an e-teaching content delivery platform with advanced tools to assist in interactive teaching and student/instructor collaboration. This application uses an intelligent engine to adapt course content to users personal needs in a mobile environment. ClevrU is initially focused on international education markets. ClevrU's technology combines video e-teaching with semantic based intelligent social network tools for educational institutions universities and colleges, cellular phone/ tablet computer manufacturers and cellular carriers to deliver course content to students anywhere, anytime. The product is branded ClevrU EDU and registered a patent pending on its Intelligent Collaborative Platform Technology.

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Dana Fox
dana@clevru.com
519 575 1477
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