SALT LAKE CITY, January 28, 2019-- Kuali, Inc., a higher education-focused cloud technology company, secured $12 million in Series A-1 funding from Mercato Partners and Owl Ventures. Partnering with Mercato and Owl will accelerate Kuali's efforts to help colleges and universities solve problems with well-designed, modern, modular software without requiring existing enterprise solution replacement or expensive implementations. "We've always believed that higher education needs small, modular solutions," said Joel Dehlin, Kuali founder and CEO. "In the last four years, Kuali has created eight new products which have been enthusiastically adopted by the higher ed community.