Civitas Learning Raises $60M

Austin-based Civitas Learning has raised $60M in a funding round from private equity investor Warburg Pincus, the company said Monday, to help ramp up product development and acquisitions at the company. Civitas Learning, which develops software for colleges and universities to enable students to better plan their courses and programs, is headed by Charles Thornburgh. Civitas Learning said that Emergence Capital Partners, Austin Ventures, Rethink Education, SJF Ventures and Gera Venture Capital also participated in the funding. The funding from Warburg Pincus came out of the Warburg Pincus Private Equity XI fund. More information »