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Parchment Pulls In Series C Venture Capital Funding

Tuesday, February 14, 2012 5:55:00 AM PDT | VentureDeal Staff

   Scottsdale, Arizona  --  IT company Parchment has secured $6 million in its third round of venture capital financing.

Parchment has developed software that helps manage the processing of student records from schools to authorized third parties.

The company said it would use the new financing to support its growth initiatives and expansion into the higher education market.

Parchment is backed by Novak Biddle Venture Partners and others.

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