Follett Knowledge Fund Makes First Investment in ShowEvidence

SHOWEVIDENCE: The Follett Knowledge Fund, a $50 million fund announced by Follett Corporation in June 2013, has made its first investment in Santa Clara, CA-based ShowEvidence. Follett has been a major distributor of digital learning materials and services since 1873. Terms of the deal were not disclosed. Founded in 2011 ("at a Starbucks, no less"), ShowEvidence offers a performance assessment tool used to create, assign and evaluate assignments based on evidence shown in the student's work. The startups says the platform can also be used to evaluate teacher and administrators performance.