|By Business Wire||
|June 24, 2014 09:31 AM EDT||
Schoology has closed a new $15 million round of funding led by Intel Capital along with new investors Great Oaks Venture Capital and Great Road Holdings. Existing investors participating in this round are FirstMark Capital and Meakem Becker Venture Capital. The round brings Schoology’s total capital raised to $25 million, which will support continued expansion in K-12 and higher education markets. Click to Tweet.
“Intel is excited to be a part of Schoology’s growth as it strengthens its position in the K-12 market and continues expanding into higher education and international markets,” said John Galvin, vice president of the Sales and Marketing Group at Intel and general manager of Intel Education. “Learning platforms have quickly become one of the fastest growing segments in education technology, and Schoology has emerged as a leader in this space and continues building the best-in-class platform for education.”
Intel Capital’s Sumeet Jain will join Schoology’s Board of Directors.
Schoology—recently named the top education technology product at the 2014 SIIA CODiE Awards—has reimagined and redefined learning management systems by creating a collaborative, blended learning experience for use on any device, at any time or anywhere. Schoology provides tools for instruction and curriculum management, dedicated mobile apps, access to an integrated global learning community, advanced analytics and reporting, and an open platform for third-parties to build on top of the Schoology platform.
“We are in a golden age for education technology, and Schoology is at the forefront, driving innovation in the market. We continue to receive praise from our users, as well as industry accolades, for our work in building a unified platform that is helping to improve the learning experience for students of all ages,” said Jeremy Friedman, CEO of Schoology. “Intel is one of the largest names in global education, and their investment represents significant validation for the work we are doing.”
Schoology now supports five million users, across 50,000 schools and in almost every country. This new growth capital will allow Schoology to accelerate growth as it scales up operations, expands into new markets, and builds new features.
The round of funding follows a series of major wins for Schoology. In addition to winning three awards at this year’s CODiE Awards, the country of Uruguay recently selected Schoology for all 620,000 students in their national education initiative, and CSU Global Campus chose to collaborate with Schoology on a learning management system for its premier global online university.
Schoology will be exhibiting at ISTE 2014, the largest education technology conference in the U.S., June 28-July 1 in booth 3026. Schoology’s sold-out, inaugural user conference, Schoology NEXT, kicks off in Denver, June 24-25, with Alan November as the keynote speaker.
New York City-based Schoology—used by five million users in over 50,000 K-12 schools and universities around the world—combines dynamic learning management, an easy-to-use collaborative interface and next-generation API integration into one innovative solution. Schoology transforms learning into a media-rich interactive experience where students, teachers, parents and administrators work together to raise student achievement worldwide. Available as a free stand-alone product and as a fee-based integrated enterprise-class solution deployed in schools or across districts, Schoology is user-centric and scalable for any blended learning environment. More information at schoology.com or @schoology.
In our increasingly global economy, Intel Education recognizes that curiosity, critical thinking and a quality education are necessary to prepare tomorrow’s workforce for jobs of the 21st century. That is why Intel collaborates with governments, NGOs and industry to advance education and enable individuals to develop skills for lifelong success. Intel’s programs are tailored based on local community needs, but are unified by the common theme of unlocking individual potential by providing the skills and opportunities for success. www.intel.com/education
Intel Capital, Intel's global investment and M&A organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11 billion in over 1,351 companies in 55 countries. www.intelcapital.com or follow @Intelcapital.
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 5, 2016 10:15 AM EDT Reads: 986
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
May. 5, 2016 10:15 AM EDT Reads: 1,545
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
May. 5, 2016 10:00 AM EDT Reads: 1,445
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
May. 5, 2016 09:30 AM EDT Reads: 1,452
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, will show how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningfu...
May. 5, 2016 09:00 AM EDT Reads: 1,164
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
May. 5, 2016 09:00 AM EDT Reads: 1,249
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
May. 5, 2016 08:45 AM EDT Reads: 1,376
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
May. 5, 2016 08:30 AM EDT Reads: 713
Unless you don’t use the internet, don’t live in California, or haven’t been paying attention to the recent news… you should be aware that self-driving cars are on their way to becoming a reality. I have seen them – they are real. If you believe in the future reality of self-driving cars, then continue reading on. If you don’t believe in the future possibilities, then I am not sure what to do to convince you other than discuss the very real changes that will roll out with the consumer producti...
May. 5, 2016 07:30 AM EDT Reads: 858
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
May. 5, 2016 06:00 AM EDT Reads: 1,347
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., will focus on real world deployments of DDoS mitigation strategies in every layer of the network. He will give an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He will also outline what we have found in our experience managing and running thousands of Linux and Unix managed service platforms and what specifically c...
May. 5, 2016 03:00 AM EDT Reads: 1,349
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
May. 5, 2016 02:00 AM EDT Reads: 1,305
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, will shares the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
May. 5, 2016 01:45 AM EDT Reads: 1,250
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, will discuss how a cloud designed for production operations not only helps accelerate developer...
May. 5, 2016 01:00 AM EDT Reads: 1,336
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...
May. 5, 2016 12:45 AM EDT Reads: 1,396