ROCKVILLE, MD – Intelliworks Inc., a provider of relationship management software for higher education, has raised $2.25 million in Series D growth capital from existing investors Columbia Capital and Novak Biddle, plus an additional $1.5 million venture loan from Toronto-based MMV Financial.

Other investors in the company include Redshift Ventures. It raised a $4 million C round in April 2008.

“Intelliworks will use this financing to expand its market presence and continue to develop the breadth and depth of our solutions,” said Todd Gibby, CEO of Intelliworks.

Intelliworks enables enrollment, admissions and marketing professionals to make purposeful connections with students through its web-based CRM, program admissions and marketing automation solutions built specifically for higher education.

Hundreds of organizations, ranging from large colleges and universities to programs and departments within individual institutions, use Intelliworks’ software-as-a-Service platform to recruit students, market their programs, grow enrollment and drive tuition-based revenue.

“Intelliworks has become a leader in providing relationship management solutions to the higher education industry. Since launching its SaaS platform in July 2007, the company has experienced tremendous growth,” said Greg Dimmer, SVP, MMV Financial Inc.

“Intelliworks has a very effective management team, an impressive, growing client base throughout North America and strong support from its institutional investors.”

Online: www.intelliworks.com

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