Spectrum K12 Raises $7.4 Million

Spectrum K12 School Solutions Inc., a Towson, Md.-based provider of special education and IEP management software, has raised $7.4 million in Series C funding. Backers include Novak Biddle Venture Partners, Capital Trust Ventures, Comerica Bank and MMV Financial Inc. The company had previously raised around $42 million from Novak Biddle, Updata Partners and Warburg Pincus.

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