Intelliworks raises $2.25 Million in series D funding

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Rockville: Intelliworks, a provider of relationship management software for higher education, has raised $2.25 million in series D growth capital from existing investors Columbia Capital and Novak Biddle, besides an additional $1.5 million venture loan from Toronto-based MMV Financial. Intelliworks is privately held with investment from Novak Biddle Venture Partners, Columbia Capital and Redshift Ventures.

"Intelliworks will use this financing to expand its market presence and continue to develop the breadth and depth of our solutions," said Todd Gibby, Chief Executive Officer of Intelliworks.

Intelliworks enables enrollment, admissions and marketing professionals to make purposeful connections with students through its web-based CRM, program admissions and marketing automation solutions built specifically for higher education. Hundreds of organizations, ranging from large colleges and universities to programs and departments within individual institutions, leverage Intelliworks' software-as-a-Service (SaaS) platform to recruit students, market their programs, grow enrollment and drive tuition-based revenue.

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