An Annapolis educational technology company has moved to Baltimore after securing $1.25 million in funding, including an investment from Under Armour Inc. CEO Kevin Plank's Sagamore Ventures.
CWIST has taken space inside of City Garage, the 133,000-square-foot former Port Covington bus depot that Sagamore Ventures has turned into an innovation hub for local entrepreneurs.
The investment is Sagamore's first in CWIST. Severna Park-based SFP Capital, a previous investor, was also part of the funding round. CWIST has raised $1.5 million in two previous rounds, and is looking to secure another $250,000, CEO Chris Sleat said.
Read more at Baltimore Business Journal
from http://baltimoretech.org/news/annapolis-ed-tech-startup-secures-funding-from-sagamore-ventures-moves-to-city-garage/
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