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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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik