ASAHI Net, Inc. (“ASAHI Net”) invested $2 million in The rSmart Group, Inc. (“rSmart”) as a lead investor of its $3.55 million financing round, with participation from current investors. Focused on the higher education markets, the Scottsdale-based rSmart is the leading commercial partner for the highly regarded open source Sakai learning management and Kuali enterprise resource platforms.  The company’s clients include American Public University (NASDAQ: APEI), Tufts University, University of Connecticut, University of California at Davis, University of Notre Dame, and Johns Hopkins University.