Welcome!

News Feed Item

Brightwheel Raises $10M to Grow Groundbreaking Early Education Platform

Adds Chan Zuckerberg Initiative, ICONIQ, and GGV Capital as New Investors

SAN FRANCISCO, Feb 16, 2017 /PRNewswire/ -- Brightwheel, the leading provider of management and communication software for early education, announced today it has raised $10 million in new financing. The Series A round  was led by GGV Capital with participation from Chan Zuckerberg Initiative, ICONIQ, and existing investors Eniac Ventures, Golden Venture Partners, Lowercase Capital, Mark Cuban Companies, and RRE Ventures. Angel investors include Adam Grant, April Underwood, Dave Gilboa, Elizabeth & Kevin Weil, Felix Anthony, Scott Cannon, and Tina Sharkey.

Brightwheel is the first all-in-one platform for preschools, childcare providers, camps, and afterschool programs. It combines all the required systems to run a school and business into a single fast and easy-to-use solution that saves both time and money, while improving the educational experience for young students.

The platform has a measurable impact for both schools and families.

Classroom Time Saver
With a few taps, teachers can easily track attendance, conduct assessments, share photos, and gain insights into daily learning. This saves up to one hour per day, giving educators more time to interact with young students and improve the learning experience.

Parent Engagement
Brightwheel provides mobile messaging and real-time updates throughout the day. Parents are better able to engage in their child's development and continue the learning at home.

Robust Business Solution
Running a school and a business is not easy. The brightwheel platform helps administrators manage enrollment and staffing, comply with licensing requirements, and fully automate tuition collection.

"Brightwheel is a very personal product that makes life easier for educators and gives parents a closer connection to their kids," said Dave Vasen, founder & CEO of brightwheel. "We're so proud of the results thus far, and are excited about what this investment means for our schools and families across the globe."

Parents spend more than $50 billion annually on pre-K education, and there are more than 800,000 operators in the US alone. For children, the first few years of life are amongst the most important in terms of brain development and long-term educational outcomes.

"Brightwheel is a game changer for educators and families," said Jeff Richards, Managing Partner at GGV Capital. "Just like our investments in Slack, Zendesk, and Square, brightwheel provides a mission critical service to small businesses that immediately makes an impact on their bottom line. And it delivers something invaluable to parents: the ability to stay close to their child during the day."

The new round of financing will be used to accelerate product development and expand the team.  Brightwheel is already the most powerful cloud-based system in early education and has seen unprecedented growth amongst schools, providers, and camps. This funding will enable a host of new features and a larger Customer Success team to collaborate with schools and educators.

Brightwheel is available for free to schools, childcare providers, and camps across the globe. To learn more, visit www.mybrightwheel.com.

About brightwheel

Brightwheel is the first all-in-one software platform for preschools, childcare providers, camps, and afterschool programs. Brightwheel helps teachers manage their day and communicate with parents, gives parents deeper insight into what their children are learning, and automates the process of managing operations for administrators. The platform has been shown to save teachers and administrators up to an hour per day, while improving parent satisfaction and giving them a closer connection to their child's learning. It is the fastest growing platform in early education, used across thousands of locations globally. Learn more at http://www.mybrightwheel.com/.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/brightwheel-raises-10m-to-grow-groundbreaking-early-education-platform-300408671.html

SOURCE GGV Capital

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Today companies are looking to achieve cloud-first digital agility to reduce time-to-market, optimize utilization of resources, and rapidly deliver disruptive business solutions. However, leveraging the benefits of cloud deployments can be complicated for companies with extensive legacy computing environments. In his session at 21st Cloud Expo, Craig Sproule, founder and CEO of Metavine, will outline the challenges enterprises face in migrating legacy solutions to the cloud. He will also prese...
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
SYS-CON Events announced today that Enroute Lab will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enroute Lab is an industrial design, research and development company of unmanned robotic vehicle system. For more information, please visit http://elab.co.jp/.
Elon Musk is among the notable industry figures who worries about the power of AI to destroy rather than help society. Mark Zuckerberg, on the other hand, embraces all that is going on. AI is most powerful when deployed across the vast networks being built for Internets of Things in the manufacturing, transportation and logistics, retail, healthcare, government and other sectors. Is AI transforming IoT for the good or the bad? Do we need to worry about its potential destructive power? Or will we...
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
In his session at @ThingsExpo, Greg Gorman is the Director, IoT Developer Ecosystem, Watson IoT, will provide a short tutorial on Node-RED, a Node.js-based programming tool for wiring together hardware devices, APIs and online services in new and interesting ways. It provides a browser-based editor that makes it easy to wire together flows using a wide range of nodes in the palette that can be deployed to its runtime in a single-click. There is a large library of contributed nodes that help so...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
Your clients expect transactions to never fail, cloud access to be fast and always on, and their data to be protected - no exceptions. Hear about how Secure Service Container (SSC), an IBM-exclusive open technology, enables secure building and hosting of next-generation applications, both cloud and on-premises. SSC protects the full stack from external and insider threats, allows automatic encryption of data in-flight and at-rest, and is tamper-resistant during installation and runtime – with no...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, will discuss how data centers of the future will be managed, how th...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that Mobile Create USA will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Mobile Create USA Inc. is an MVNO-based business model that uses portable communication devices and cellular-based infrastructure in the development, sales, operation and mobile communications systems incorporating GPS capabi...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
SYS-CON Events announced today that Keisoku Research Consultant Co. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Keisoku Research Consultant, Co. offers research and consulting in a wide range of civil engineering-related fields from information construction to preservation of cultural properties. For more information, vi...