Kaching! News of who is getting funded, who is doing the funding and trends in financing education technology companies
SPARK Schools Raises $4M to Grow Blended Learning Across South Africa
SPARK SCHOOLS, which operates a network of primary schools in South Africa, has raised $9 million in a Series B round led by Omidyar Network. Founded in 2012, the company aims to grow from eight to 20 schools, serving 20,000 students, by 2019. SPARK uses a blended learning approach that uses programs such as ST Math and Reading Eggs...
Mobile Learning Startup, Aceable Raises $4M to Expand Beyond Driver's Ed
ACEABLE, which offers a mobile app for driver’s ed courses, has raised $4 million in a Series A round led by Silverton Partners and Floodgate Ventures. The Austin, Texas-based startup, which claims more than 35 percent market share for online driver’s ed courses in Texas and California, has now raised $8...
School Web Filtering Startup, Securly Secures $4M in Series A Funding
DOLLARS SECURED: Securly, which offers web filtering services for schools, has raised $4 million in a Series A round led by Owl Ventures. Founded in 2012, the San Jose, Calif.-based startup also claims the ability to use natural language processing to find warning flags in kids’ web searches or social media posts...
Edlio Raises $40M for Education Web Design
EDLIO, a Los Angeles-based web design company has raised $40 million in venture capital from L Squared Capital Partners, VentureBeat reported. Some 4,300 schools and districts have made websites using Edlio, which provides a user-friendly CMS and responsive designs. Founded in 2011, Edlio claims its product allows for easier communication among teachers, administrators, parents and students...
MEL Science Raises $2.5 Million to Make Lab Experiments a (Virtual) Reality
Many parents buy chemistry sets to inspire their kids to be future scientists. These kits have evolved over the years from haphazard, 1950’s “Atomic” chemistry sets using radioactive uranium ore, to safer, Smithsonian-branded sets come with goggles, plasticware and large warning labels...
Noodle Partners Goes After the $1.5 Billion Online Degree Market
Online education was once considered a distant second to in-person classes. Now universities across the country, from Yale to the University of California, Berkeley, offer virtual degree programs, with price tags close to tuition for on-campus experience...
CodeSpark Raises $4.1 Million to Bring Coding Games to Kids
Hear perspectives on edtech financing by Kapor Capital partner, Brian Dixon in EdSurge's exclusive report, "Following Edtech Money."
Beijing’s Zuoyebang Raises $60 Million to Expand K-12 Social Learning Platform
ZUOYEBANG, (which literally means “homework help” in Chinese), has raised $60 million in a Series B round led by GGV Capital and Xianghe Capital (founded by former Baidu executives). Existing investors Sequoia Capital and Legend Capital also participated.
KidPass Raises $1.2 Million to Grow Online Directory of Childrens’ Activities
Wonder what's involved in seed financing? Play our exclusive financing game, part of the EdSurge special report, "Following Edtech Money."