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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 »

Edison Ventures Invests in Knowledge Delivery Systems

Knowledge Delivery Systems, Inc. announced that it secured a $6 million financing round from Edison Ventures, a leading growth equity investment firm, as part of a $9.8 million financing round. The balance of the financing came from additional participation from existing investors. Read More »

Follett Invests in Showevidence, Inc.

Follett Corporation today announced an investment in ShowEvidence, Inc., a Santa Clara, California-based education software company that provides innovative solutions for assessing student and teacher performance. The investment is the first from the Follett Knowledge Fund, a $50 million venture fund focused on disruptive technologies in the education/technology space. Read More »

HMH Announces Q4 and Full Year 2013 Results

Houghton Mifflin Harcourt Company announced its preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2013. Net sales increased $93 million, or 7%, from 2012 to $1,379 million. Education segment net sales increased $79 million to $1,208 million Read More »

MasteryConnect Receives Another $3.425 Million from Investors

Education technology provider MasteryConnect today announced the company has received an additional $3.425 million in funding from its original Series A investors. The new funds will enable MasteryConnect to accelerate adoption of its mastery learning platform in K-12 schools. Read More »