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Palo Alto, CA., a Palo Alto-based online education startup still in beta testing, revealed in a filing with the Securities and Exchange Commission (SEC) that it has raised $7 million in a new round of equity funding. Five unnamed investors took part in the round. is developing a service in which subject-matter experts create online lessons, charge for access to all or parts of them and interact with students. The company was co-founded by Justin Kitch, the founder of KartoffelSoft; Thai Bui, the co-founder of Homestead and John Tokash.


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