Education Start-Up Focused on Making Flashcards Mobile Raises $9 Million

StudyBlue, which has more than 2.5 million students using its free apps to create flashcards and quizzes, has raised $9 million in a first round. Great Oaks Venture Capital led the round, with participation from the Wisconsin Alumni Research Foundation. The Madison, Wis.-based company was founded three years ago by Chris Klundt while he was at University of Wisconsin at Madison.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald