New Markets Venture Partners Adds $30 Million, Former Gates Foundation Executive to Edtech Fund
Edsurge
NOVEMBER 9, 2016
His career also includes stops at Microsoft, Schoolnet and Kaplan. New Markets has supported 43 companies since its launch in 2003; edtech startups make more than 90 percent of its deals in the past five years, Palmer adds. The Fulton, Md.-based based firm plans to raise up to $75 million, of which $30 million has been secured.
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