Investment focused on expansion into additional states and enhancements of course offerings OKLAHOMA CITY (June 6, 2002) - Baxter Brings, President and CEO of Advanced Academics Inc., an online learning company for students in grades seven through 12, announces today the company has secured $7.5 million in a Series B Preferred Stock financing. New investors were Council Ventures, of Nashville, Chrysalis Ventures, of Louisville, Ky.; and Prosperitas Investment Partners also of Louisville. Previous investors who participated in the financing were Chisholm Private Capital Partners and American Fidelity Group, both of Oklahoma City. "In a difficult environment for venture capital, I believe securing this level of financing sends a …
Chrysalis Ventures Closes Its Newest Venture Capital Fund at $143 Million
LOUISVILLE, KY (May 10, 2002) - Chrysalis Ventures, Kentucky's largest venture capital firm and a leading source of venture capital in the Southeast and Midwest, announced today that it has concluded fund raising for its fourth, and largest, venture capital fund. The $143 million fund attracted a variety of new institutional investors from the pension, endowment, foundation, insurance, fund of funds and banking sectors. Founded in 1993, Chrysalis invests primarily in …