Fundraising Fox

EdCast

acquired by Cornerstone OnDemand

Mountain View, US · Delaware corporation · 6 known investors

Find your way into EdCast

Acquired by Cornerstone OnDemand May 2022 · terms undisclosed — Terms not disclosed · source ↗

EdCast built an AI-powered Knowledge Cloud and Learning Experience Platform that delivered curated learning content and career-mobility tools to enterprise employees within workplace apps.

Founders & leadership

KM
Kaushal MehtaExecutive

Board

JM
Joe MedvedBoard director
CM
Carlos MonfiglioBoard director
JS
Jeffrey SachsBoard director

Investors · 6

CervinPalo Alto · $250K – $6M
Aarin CapitalreportedBangalore
CERVIN VENTURESreportedFremont
Menlo VenturesreportedSan Francisco · $1M – $20M
NewSchools Venture FundreportedOakland
SoftBank Capitalreported · 2 sources$1B

Reported raises · per SEC filings

Form D private placements

$67.5M disclosed across 4 rounds · 2014–2019

▶$6.1MraisedAug 2021 · 23 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steven J. MurrayDirector
  • Kaushal MehtaExecutive Officer, Director
Offering amount
$6.1M
Amount sold
$6.1M
First sale
May 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15.7MraisedAug 2021 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joe MedvedDirector
  • Kaushal MehtaExecutive Officer, Director
  • Carlos MonfiglioDirector
  • Jeffrey SachsDirector
Offering amount
$15.7M
Amount sold
$15.7M
First sale
Dec 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$10.6MraisedAug 2021 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Carlos MonfiglioDirector
  • Joe MedvedDirector
  • Kaushal MehtaExecutive Officer, Director
  • Ashesh C ShahDirector
Offering amount
$10.6M
Amount sold
$10.6M
First sale
Mar 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$35MraisedAug 2021 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Carlos MonfiglioDirector
  • Kaushal MehtaExecutive Officer, Director
  • Shoshana VernickDirector
  • Joe MedvedDirector
Offering amount
$35M
Amount sold
$35M
Proceeds to insiders
$300K
First sale
Nov 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Legal entities · 1

corporate structure
EdCastDelaware

In the news

AI-Based Knowledge Management Company EdCast Raises $35 Millionpulse2.com · Dec 2019Avathon Capital Leads $35 Million Funding Round in EdCast to Transform the Future of Work | Business Wirebusinesswire.com · Dec 2019EdCast Raises $35 Million Series D to Boost Corporate Learning Seedsurge.com · Dec 2019EdCast Raises $35M in Series D Funding - FinSMEsfinsmes.com · Dec 2019Enterprise Educational Provider, EdCast Raises $33.6 Million | EdSurge Newsedsurge.com · Dec 2018EdCast raises $6M in its quest to facilitate university collaboration | Higher Ed Divehighereddive.com · Sep 2014

Frequently asked questions

What does EdCast do?
EdCast built an AI-powered Knowledge Cloud and Learning Experience Platform that delivered curated learning content and career-mobility tools to enterprise employees within workplace apps.
Who are EdCast's investors?
EdCast's investors include Cervin, Aarin Capital, CERVIN VENTURES, Menlo Ventures, NewSchools Venture Fund, SoftBank Capital.
How much funding has EdCast raised?
EdCast has disclosed $67.5M raised across 4 rounds.
Who acquired EdCast?
EdCast was acquired by Cornerstone OnDemand.
Where is EdCast headquartered?
EdCast is headquartered in Mountain View, US.