This is a funding and M&A special as an addition to our weekly Edtech Startup News.
In this special edition we take a look at BloomBoard’s $5 million Series A, InsideTrack’s acquisition of Logrado and EdStart’s acquisitions of ClassBadges and ExitTicket.
BloomBoard raised $5 million Series A
EdSurge reports that BloomBoard closed a $5 million Series A Round late last year from Birchmere Ventures and the Gates Foundation. Previous investors include Learn Capital and imagine K12.
BloomBoard is a platform in the professional development space, collecting and tracking all data related to teacher training as well as offering analytics to administrators. The system also recommends learning content from third party providers that fits the needs of the individual learner.
Let’s hope for the Gates Foundation that this $3 million investment in education is not going to follow suit the inBloom and ConnectEDU disasters.
- Professional Development Startup, BloomBoard, Raises $5M | EdSurge
InsideTrack acquired Logrado
InsideTrack, a provider of one-on-one student coaching, process expertise, analytics and technology has acquired Logrado, a social-mobile student engagement platform used by professional college student coaching programs. Logrado founder and CEO, Brian Co will join the InsideTrack team.
Logrado won the College Knowledge Challenge, a competitive grant initiative funded by the Bill & Melinda Gates Foundation. The acquisition will add new options to InsideTrack’s portfolio of services. Since its creation in 2001, InsideTrack has gathered data and insights from coaching more than 700,000 campus-based and online students.
- InsideTrack Acquires Logrado, Expands Multi-Channel Coaching Capabilities | Press Release
EdStart acquired ClassBadges and ExitTicket
ClassBadges, an online tool that lets teachers reward their students with virtual badges, has been acquired by EdStart reports EdSurge. Co-founder and CEO Esther Wojcicki will join EdStart’s board of directors.
Founded in 2012, EdStart describes itself as a hybrid team of educators and technologists. The startup just recently acquired ExitTicket, a student response system from Leadership Public Schools (LPS), a charter network of four urban high schools in the San Francisco Bay area.
- ClassBadges acquired by EdStart | EdSurge
- EdStart.com Acquires ExitTicket Student Response System From Leadership Public Schools | PRWeb