Schoology, the learning management system that focuses on cloud collaboration, has today announced the close of a $32 million Series D financing led by JMI Equity, with participation from existing investors including FirstMark Capital, Intel Capital and Great Road Holdings. Schoology was founded back in 2009 and has pressed through the education sector’s slow pace of innovation to bring a product to market that can truly help students and teachers. Here’s how it works:

Schoology
Schoology, a CODiE-award-winning learning management solution, provides a rich, collaborative learning environment that engages digital natives with technology they enjoy using. This versatile solution is designed to meet the learning and administrative needs of K-12, higher ed, and corporate settings. Schoology allows for individual subscriptions and school or district-wide enterprise packages. Individual subscriptions allow schools to try the system in a limited number of classrooms before deciding to implement on a larger scale. Teachers and professors can sign up on their own to start using the system independently.