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Imagine Learning Is Acquired by Weld North

Imagine Learning, a Utah-based language and literacy company, announced today that it has been acquired by Weld North Holdings LLC, an investment company led by former Kaplan, Inc CEO Jonathan Grayer. The terms of the agreement were not disclosed. Weld North believes Imagine Learning is poised for substantial growth in a vibrant and growing EdTech market. Read More »

JumpStart Raises $13 Million in Venture Debt

JumpStart (also known as Knowledge Adventure), a pioneering educational game developer that publishes entertaining and award-winning mobile and web products for children, announced today that it has raised $13 million in debt financing led by Hercules Technology Growth Capital, Inc, the leading specialty finance company focused on providing senior secured loans to venture capital-backed companies in technology-related markets. Read More »

Mobile Education Store Launches Kickstarter Campaign for Digital Book Series

Mobile Education Store announces the launch of its Kickstarter campaign for Crack the Books™, an interactive, state-of-the-art series of non-fiction science books. Designed for students of all reading capabilities, Crack the Books provides differentiated instruction through the first digital book that can be adjusted for reading level. Read More »

Follett's PreK-12 Businesses Unite as Follett School Solutions, Inc.

Follett's PreK-12 businesses will become one legal entity named Follett School Solutions, Inc., effective April 1. The new entity is part of Follett's strategy to deliver increased value to customers by integrating and leveraging the content and technology capabilities of its previously separate businesses: Follett Educational Services, Follett Library Resources and Follett Software Company. Read More »

Houghton Mifflin Harcourt and MBS Direct Launch Strategic Distribution Partnership

Houghton Mifflin Harcourt announced a new partnership with trusted education content distributor MBS Direct. Through this partnership, MBS Direct will distribute HMH’s best-in-class educational content to private, parochial and charter school institutions throughout the United States. Read More »

Parchment Raises $10M in Follow-on Equity Finance Round

Parchment has closed a $10 million follow-on investment, bringing the company total to $45 million raised. The new funds will be used to accelerate Parchment’s development of new product offerings, resources and tools for its expansive network, with a focus on meeting growing consumer demand to collect and leverage more of their credentials. Read More »

CDW Named 2013 Global Partner of the Year for Google Chrome

CDW announced it was named Google Enterprise's 2013 Global Partner of the Year for Google Chrome. Google Enterprise recognized CDW for its proven track record of Chrome implementations. In particular, much of CDW's Chromebook success in 2013 focused on the K-12 education market including Passaic City Schools, Achievement First and Tuscaloosa City Schools. Read More »

CELT Expanding Procurement and Implementation of Administrative and Instructional Improvement Systems

The Center for Educational Leadership and Technology (CELT) has recently expanded its procurement support services practice area in order to transform how learning organizations select and implement major administrative and instructional improvement systems. Read More »

GSV Capital Corp. Reports Q4 and FY 2013 Results

GSV Capital Corp. today announced financial results for the fourth quarter and year ended December 31, 2013. "Based on a number of positive portfolio developments in 2013, I'm pleased to report a strong annual increase in net asset value per share of $1.84 or 14% to $14.91 at year-end," said Michael Moe, GSV's founder and Chief Executive Officer. Read More »

Microsoft Announces Key Content Partners

Microsoft Corp. is emphasizing the importance of student privacy and reaffirming its commitment to helping ensure that student data is never mined for advertising and marketing purposes. The opening keynote speech saw Microsoft highlight its end-to-end, best-in-class solutions with student success and career and college readiness at the forefront. Read More »