(Xconomy, September 18, 2015) – Portfolium, a Web-based social network for students preparing to start their careers, said it has closed on $1.2 million in new venture funding, bringing its total funding to $2.1 million since 2013, when the San Diego-based startup was founded.
The investors are New York’s University Ventures, an investment firm focused exclusively on global higher education (and not to be confused with student-managed University Ventures in Salt Lake City, UT); the new angel group Seed San Diego; and Vertical Venture Partners, a Silicon Valley fund that oversees the UC San Diego-centric Triton Technology Fund.
As I reported earlier this year, founding CEO Adam Markowitz started Portfolium mostly to help students create an online profile that would showcase their academic skills, projects, experience, and community service for prospective employers. The startup has expanded since then, at least conceptually, to become more of a career readiness network—connecting students from over 2,000 universities with prospective employers.