Penn Students Leave School to Launch CourseKit With $1 Million Seed Round

Three students at the University of Pennsylvania—Joseph Cohen, Dan Getelman, and Jim Grandpre—are quitting school to launch a new education startup called Coursekit, and they've raised $1 million in a seed round to do it. (Peter Thiel would be proud). The New York City startup just closed a seed round from Founder Collective, IA Ventures, Shasta Ventures and some angels.Coursekit is like Facebook or Yammer for courses. Like many other students frustrated with Blackboard, the current online course management standard, the Coursekit founders think they can do a better job. "It is really a Blackboard replacement with a heavy emphasis on social networking," says CEO Cohen. ]]>