According to filings with the U.S. Securities and Exchange Commission, College Consortium dba Acadeum is raising $11,916,948.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, David Daniels played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About College Consortium dba Acadeum
Acadeum helps colleges and universities create academic partnerships with like-minded institutions to support student progress and equitable access. Today, more than 400 higher-ed institutions use Acadeums course-sharing network to place students in online courses they need to stay on track for timely graduation. Institutions gain new revenue from courses they offer through the network, by sharing tuition dollars from courses taken by their students, and by keeping at-risk students enrolled.

To learn more about College Consortium dba Acadeum, visit http://acadeum.com/

Contact:
David Daniels, Chief Executive Officer
512-643-5130

SOURCE: http://www.intelligence360.io
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