Susquehanna International Group co-led a round for the education applicant software developer that has been boosted by a $12m extension.

Singapore-based university applicant software provider Cialfo has expanded a series A round co-led by quantitative trading firm Susquehanna International Group to $15m, The Business Times reported yesterday.

Vulcan Capital led the round, with January Capital, Bisk Ventures, DLF Venture, Alto Partners Multi-Family Office, Immobillari and private investors Patrick Walujo and Teik Ngan Loy also committing to the $12m extension.

Cialfo provides software that helps students use artificial intelligence to help them find and apply to suitable higher education institutions globally.…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.