Tuesday, May 6, 2008

Certica Solutions, Inc is provider of information management software solutions to the K-12 education market has closed a $3.3 million

About Company:

Certica Solutions, Inc., is provider of information management software solutions to the K-12 education market.Certica Solutions’ software, called Certify, enables K-12 education agencies to maximize funding, avoid penalties and audits, and reduce costs associated with mandatory state and federal compliance reporting.

How Much They Got From VCs:

Certica Solutions, Inc., a Wakefield, Massachusetts-based provider of information management software solutions to the K-12 education market, today announced that it investment led by Brook Venture Partners. The funding will be used to expand Certica’s presence within the 16,000 public school districts nationwide, through an acceleration of sales, marketing and customer service activities, as well as new product development.

Certica Solutions’ software, called Certify, enables K-12 education agencies to maximize funding, avoid penalties and audits, and reduce costs associated with mandatory state and federal compliance reporting.

About Vcs:

Brook Venture Partners provides expansion stage capital through Brook Venture Fund I, Brook Venture Fund II and other co-investment funds to information technology and medical technology companies located in the Northeastern United States. The firm focuses on investments of $2–5 million and specializes in both financing and providing the strategic and planning support necessary to rapidly scale and accelerate sales and marketing activities.

More at:www.certicasolutions.com/

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