StudyBlue, an edtech launched by Wisconsin University alumni in 2007, has raised $1.7m in a venture round. Investors are Great Oaks Venture Capital, the Wisconsin Alumni Research Foundation and StudyBlue chairman Steve Wallman, a securities analyst with Wallman Investment Counsel.

The edtech has now raised $17.1m from outside investors. Its $9.3m series A in 2013 was Wisconsin second-largest venture capital raise of the year.

The startup has created educational web and mobile apps that give students access to a shared…