ClevrU Raises Additional $550,000

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ClevrU Corporation announces the closing of a second tranche of equity November 30 2011 from a combination of existing and new investors. This investment is the second tranche in its seed stage funding and raised $550,000 in equity. The two tranches to date has raised a combined amount of $1,400,000 from investors from the Waterloo region.

“ClevrU is the ideal partner for any professional author of educational content who wants to broadcast and sell in markets around the world on mobile technology that is both adaptive and intelligent.” said Dana Fox, CEO and President of ClevrU Corporation. Fox went on to say that, ”ClevrU creates a digital DNA of everyone using the system. It is the Digital DNA that is used to unlock the knowledge of the ClevrCloud and deliver it to the mobile user working in multiple languages and cultures. Now authors can instantly create a video that helps clients gain a deeper understanding of the content using slides and traditional text with the addition of collaboration between students. It is a very immersive experience for the student.”

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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