3 DEALS, 3 MIL: Mobile, AL-based STI has raised $3 million from undisclosed investors. A provider of tools like student information systems, professional development platform and financial management, the company has customers in over 5,000 schools in every U.S. state. In addition, STI formally announced that it has acquired:
- Chalkable, a gradebook and marketplace for education apps (the deal was announced back in September 2013);
- Learning Earnings, a platform that offers rewards (like school supplies and movie tickets) to incentivize positive student behavior; founded in 2009;
- Spiral Universe, an SIS used by private schools, offered in five languages. Founded in 2007
The company says it will integrate these three products into its offerings within the next 12 months.