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GSV Capital Corp. Provides Update on Portfolio Company Developments

GSV Capital Corp. today provided a mid-quarter business commentary and update on developments from a selection of the private companies in its investment portfolio. GSV Capital investment data is reported as of December 31, 2013, unless explicitly stated otherwise. Read More »

Weld North Acquires Truenorthlogic

Weld North Holdings LLC, an investment company led by former Kaplan, Inc. CEO Jonathan Grayer, announced today that it has acquired a 100% interest in Truenorthlogic. Terms of the agreement were not disclosed. The acquisition of Truenorthlogic allows Weld North to continue to solidify its leadership in the K-12 digital education market and provide Truenorthlogic with the capital required to continue to advance its market-leading products and services. Read More »

Press4Kids, Inc. Receives $1 Million in Seed Funding

Press4Kids has closed the second half of a seed financing round totaling $1 million. The participants include private investors and entrepreneurs directly involved with the education market. The company will use the funds to scale the use of News-O-Matic, School Edition in classrooms across the nation and to develop additional tools to facilitate teaching and assessment. Read More »

EDmarket iQ Debuts for the Educational Products Marketplace

The Education Market Association recently partnered with Agile Education Marketing to provide a new member service to help educational product manufacturers and dealers access the most comprehensive and accurate early childhood, K-12 and higher education database available. Read More »

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 »