College search portal CampusExplorer.com has snagged $2.25 million in fresh funding. The cash is expected to be used to expand the site’s services with new products and technology.
The company claims an impressive 2500 percent growth in traffic from January ’08 to January ’09, accompanied by 10 consecutive months of revenue growth.
CampusExplorer.com offers a database of information about colleges and technical schools to help prospective students with their decisions. It allows for side-by-side school comparisons and even analyses of students’ odds of admission at any particular institution.
The new Series B funding is led by Chicago’s OCA Ventures.