Training software maker raises capital

May 13, 2014
Austin Business Journal

Austin software maker Schoox Inc. reported receiving a $2.9 million financing

The company collected the capital from a lone investor, according to a Monday filing with the U.S. Securities and Exchange Commission

Schoox, founded in 2012, develops training software for a variety of topics and industries

Georgia-based Red Book Connect Inc., which quietly acquired Inc. last year and markets a suite of technology tools for restaurants, also offers Schoox among the suite of products used by businesses

Eleftherios Ntouanoglou is listed as Schoox's CEO in the filing, which also lists Austin economist Angelou Angelos as a director. Angelou is founder and principal executive of AngelouEconomics, and former vice president of economic development for the Austin Chamber of Commerce. Last year, he was among the six people appointed by Gov. Rick Perry to the oversight committee of the controversial Cancer Prevention and Research Institute of Texas

In late 2012, Schoox raised $1 million of a planned $2 million financing from a lone investor, SEC filings show

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