Printer Friendly

WorkshopLive Announces Investment from GIV Venture Partners; New Funding Will Enable Company to Broaden its Distribution.

PITTSFIELD, Mass. -- WorkshopLive, Inc. (www.WorkshopLive.com), which produces the most dynamic and engaging music instruction content on the Web, today announced closing of an institutional round of $3.25 million in new funding lead by GIV Venture Partners.

WorkshopLive is a unique online educational platform that delivers personalized music lessons through a broadband Internet connection. The company's patent-pending technology determines how each student learns best, then delivers the music teachers, music lessons and learning environment that best suits the student's needs.

The funds will be used to expand marketing, and to hire additional staff to add functionality to the renowned WorkshopLive e-learning platform. In conjunction with this financing, Chris Legg and Adam Jackson, both from GIV Venture Partners, will be joining the WorkshopLive board of directors.

David Smolover, founder and CEO, said, "With 70 million individuals having high-speed access at home, the Internet has proven its viability in all sorts of interesting new uses, and one of the most exciting is distance learning. This important investment will further position WorkshopLive for growth in both our customer base and our offerings. We appreciate the vote of confidence from such forward-thinking investors such as Bill Melton of GIV Venture Partners."

Chris Legg of GIV said, "Broadband has reached critical mass. The only limitation on further growth in Internet-based business is content: interesting applications. WorkshopLive has found the secret. It combines a growing market, an interesting subject, and a world-class platform. The company is already delivering more than other e-learning companies are even promising, and we expect great things from this collaboration."

About WorkshopLive

WorkshopLive produces the most dynamic and engaging music instruction content on the Web today. Its patent-pending technology delivers the first truly interactive learning experience of its type, with visual and auditory elements that change to suit the preferences and abilities of the student. WorkshopLive incorporates more than 20 years of experience in music education. The company has created hundreds of music lessons in all styles of music. Other divisions include National Guitar Workshop Publications and summer learning experiences operated at 28 locations around the country, the National Guitar Workshop and DayJams. The company is based in Pittsfield, Massachusetts. Additional information is available at 413-358-9606, and www.WorkshopLive.com.

NOTE to editors and broadcasters: logos, artwork, sound and video files are available at our Media Center, http://media.workshoplive.com.

WorkshopLive is a registered trademark of WorkshopLive, LLC. All other marks are the property of their owners, and are used for identification purposes only.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jul 7, 2006
Words:415
Previous Article:International Barrier Technology - Fire Resistant Building Materials Company Reports Record Fiscal Year Revenue of US $6,610,801 and Sales Volume of...
Next Article:Thirty Years of a Grueling 180-Mile Run for Disabled Represents a Special Message.
Topics:


Related Articles
DoubleChain Consulting -Formerly Angel Engineers- Appoints Michael Monheit as New CEO.
Amperion Adds Business Luminaries to its Board of Directors.
Riverlake Partners Acquires SP Industries -- Specialty Glass and Equipment Manufacturer Poised for Strong Growth.
WorkshopLive Promotes Dan Hofmann to Director of Video Production, As Online Learning Community Experiences Growth in All Content.
D'Addario Partners with WorkshopLive Online Music Lessons Site; Seven Days of Free Online Guitar Lessons Available in Select D'Addario String Sets.
Daddy's Junky Music Stores Are First Retail Partners to Offer WorkshopLive's Online Music Lessons to Retail Customers.
WorkshopLive Reaches Online Music Lesson Milestone With Portfolio of 1,000 Guitar, Bass and Keyboard Lessons.
WorkshopLive Named a Winner of 2006 Mass Technology Leadership Award.
Jacent Technologies Secures $6.7 Million in Funding.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters