Dive Brief:
- Citelighter plans to expand its staff following its recent $2 million funding round.
- In addition to adding around 20 new employees, the Baltimore ed tech startup, which markets itself as a writing platform, plans to invest in technical upgrades.
- The seed round — the company's second — was led by the Propel Baltimore Fund, with additional support from the Maryland Venture Fund, Gulf Ventures, New York Angels, Baltimore Angels and Blu Ventures.
Dive Insight:
Citelighter's total seed funding now stands around $4.6 million. While CEO Saad Alam told the Baltimore Business Journal that the company's growth will depend on how quickly it develops, the current plan is to add nine employees to its sales staff, with another 10 potentially following in the next 10 months.
Currently, Citelighter is used by 3,800 schools across the globe to help students research and write papers, and it is also aligned to the Common Core State Standards.