Turning | January 12, 2022
Echo360, the globally leading video-based learning platform, announced today that it has merged with Turning, the world's premier provider of learning engagement platforms for education, business, and government sectors, to establish the industry's most comprehensive SaaS-based video learning and engagement platform that enables instructors and learners to share impactful learning experiences from anywhere.
Combining Echo360's advanced video recording, streaming and video content management platform with Turning's expansive suite of learning engagement, authoring, and content solutions delivers the most holistic learning engagement experience for instructors and learners in any environment -- with more analytics, tools, and integrations with leading LMS platforms to ensure learning outcomes are achieved across every segment the combined enterprise now serves. The additional capital from Centre Lane Partners will enable Echo360 to dramatically expand their current offering in response to faculty and market demand.
A NEW CHAPTER OF GROWTH
Murad Velani, Chief Executive Officer, will lead the combined company, which will operate under the Echo360 brand name. The investment will allow Echo360 to expand its reach geographically and across other core learning markets including K12 education, government, and corporate learning. The combined enterprise will serve over 1,000 colleges and universities around the world, in addition to thousands of K12, business, and government customers in the Americas, Europe, Middle East and Asia Pacific regions.
"Our mission is to create remarkable learning experiences for instructors and learners no matter who they are, where they are, or how they choose to learn, and video is an essential tool to enable the level of engagement we strive for in service to our customers around the world," said Velani. "Together Echo360 and Turning deliver the scale to be the global leader in learning engagement across every sector, and expands our ability to create equitable, engaged learning for all. Both companies have remarkable talent, a track record of innovation and impact, and together provide global scale at a time when learning demands and expectations around the world are being challenged and redefined daily."
ANSWERING THE CALL FOR HYBRID LEARNING
Amidst emergency remote learning caused by looming Covid-19 Omicron threats, school faculty, students, and administration are increasingly embracing video and hybrid learning alternatives -- digitally enabled approaches that facilitate more flexible teaching and learning experiences for students and faculty alike. In recent surveys, 73 percent of students have indicated a preference for online learning, and 57 percent of faculty said they would prefer teaching hybrid courses following the pandemic.
"The fit between Turning and Echo360 is a natural one, and one that will immediately benefit the expanded segments," said Fred Singer, former Echo360 CEO who will be joining the newly combined company's board. "The unexpected need to transform campus life in 2020 forced a shift in our understanding of what's possible within a digital classroom and the broader educational technology ecosystem. Coming out of that experience, we've been seeing universities across the globe rethink the role of technology in creating more meaningful, more flexible, and more satisfying experiences for students and faculty alike. The combined platform supplemented with significant capital resources will ensure Echo360 continued leadership," said Singer.
REDEFINING LEARNING ENGAGEMENT
Turning's unique suite of student engagement tools combined with the Echo360 platform creates a highly interactive hybrid learning environment that unleashes the instructional power and learning potential of video. By enhancing Echo360's video-based solutions with Turning innovations, students and faculty will now be able to engage with course material at a deeper level and collaborate more effectively with their peers. Students can access class content and videos at any time and can take notes that are automatically time-synched to moments within the recorded lecture. Faculty can gauge student comprehension through live quizzes and advanced interactive audience response.
To ensure the student experience is ever-improving, faculty can also access a suite of analytics and features to best track student learning and engagement in real-time. Built specifically for the cloud, instructors can use the platform from wherever they are, on any device, to record and create content, give, and receive feedback, and gain real-time insight into a student's learning journey.
"This acquisition will redefine the learning engagement ecosystem, bringing a robust video management system capability to Turning's proven learning engagement solutions to create a transformational SaaS platform at scale that will accelerate growth for the company. Delivering proven Turning solutions like Dojo360, Point Solutions, and ExamView within a holistic Echo360 video learning experience to existing and new customers unlocks expansive growth opportunities, and we are committed to supporting this investment and management team."
Ken Lau, Co-founder, and Managing Director, at Centre Lane Partners, LLC
Echo360 believes that improved outcomes start with great moments in the classroom. Developed by educators, Echo360 helps instructors record and extend those moments to improve learner engagement through accessible, engaging video-based learning, reaching more than two million learners at approximately 1,200 schools and organizations across North America, Europe, the Middle East, and Asia Pacific. www.echo360.com
Turning was born out of the desire to transform traditional learning into active learning engagement. With global reach and impact across higher education, corporate, K12, and government sectors, the Turning portfolio (including Dojo360, ExamView, Point Solutions, and Knowbly) embodies its mission to create remarkable learning engagement experiences for everyone, everywhere. www.turning.com
About Centre Lane Partners
Centre Lane is a private investment firm focused on making equity and debt, control and non-control, investments in North American middle market companies. Centre Lane targets companies with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches.
Thought | August 08, 2021
Thought Industries, the world's #1 platform for customer learning management (CLM), today announced interactive video assessments from Bongo are now available through the Thought Industries CLM platform. The video assessments build on the platform's scalable education tools, offering experiential learning and soft skill development training within a real-world context to increase confidence and enhance learning outcomes for customers, partners and professionals.
The native Bongo integration reflects the growing demand for customer-centric learning technology to help businesses drive loyalty and revenue growth, and the need to assess skills and progress along the way. Users of the Thought Industries CLM platform can now practice, self-assess, or record and demonstrate competency to an accrediting body or community of peers for feedback and coaching using three modes of video learning:
Individual Assignment: Learners record or upload a video of themselves presenting on a topic or specific skill. Prior to submission, learners incorporate automated machine-driven feedback and insights into the delivery and content of their videos, providing an opportunity for self-assessment, improvement and continuous learning.
Innovate. Coach. Consult (ICC), a technology based, leadership development and outplacement solution firm with 225 offices in 28 countries, is a Thought Industries client taking advantage of the Bongo video assessment integration. The firm, which trains leadership in industries ranging from financial services and manufacturing to healthcare and oil and gas, is using the assessments for role-play scenarios and practice, as well as interview simulations.
"We're constantly searching for the best modalities to keep the learner engaged. The ability to have interactive videos and evaluated videos will be a true selling point for us," said Susan Ruhl, President and CFO of ICC. "Bongo will improve the learner experience through AI features such as filler words and grading against a transcription. The ability for the learner to quickly review their submission with feedback sets our solution apart from those who simply have the ability to record and submit."
"Customer learning can take many shapes and forms, but in the end, it's all about meeting customers where they are so they can get more out of their learning efforts. Increasingly, that means video, and Bongo's video assessments are yet another way for us to provide vital multimodal capabilities for exceptional learning experiences," said Todd Boes, chief product officer, Thought Industries. "Whether they're selecting blended, synchronous and asynchronous options, or employing interactive video assignments and assessments, customers now have another way to measure competency and subject matter understanding."
"Video assessments are a powerful way to measure learning outcomes, but they're only effective if organizations properly incorporate them into their customer learning efforts. Thought Industries provides the scalable learning platform that makes this possible," said Josh Kamrath, chief executive officer, Bongo. "From professional training companies to product companies, organizations of all kinds stand to benefit from enhanced learning experiences. Bongo's interactive video assessments, coupled with the Thought Industries customer learning platform, empower organizations to turn knowledge into action—and to track learner progress at every step."
Bongo is an embedded solution that drives meaningful assessment, experiential learning and skill development at scale through video-based engagement and personalized feedback. Organizations use our video workflows to create opportunities for practice, demonstration, analysis, and collaboration. When individuals show what they can do within a real-world learning environment, evaluators get an authentic representation of their competency.
About Thought Industries
Thought Industries provides the world's #1 software platform for customer learning management (CLM). CLM empowers businesses to create compelling learning experiences for customers, partners and professionals. These experiences help businesses grow revenue, increase customer loyalty, and ensure customer success across technology, manufacturing, healthcare and other industries with complex products and training requirements. Thought Industries was founded in 2014 around the core belief that online learning experiences should be modern, intuitive, engaging, and scalable. Headquartered in Boston, Thought Industries has offices across North America and Europe.
Positive Action, Inc. | November 12, 2021
Positive Action, Inc. ("PAI"), the leading education and technology company for evidence-based social and emotional learning (SEL) programs, has entered a distribution partnership with PresenceLearning, the leading provider of live online therapy tools and special education related services for K-12 schools.
"PresenceLearning's technology platform is breaking down barriers for students to access quality special education services from a live clinician. We are delighted to pair our SEL curriculum content with PresenceLearning's platform in support of the mutual objective of delivering the most effective SEL learning experience to students."
Alex Allred, CEO of PAI
Via PresenceLearning's platform, students log in from school or home to live teletherapy sessions with licensed clinicians. Special education related services delivered include speech-language therapy, occupational therapy, behavioral and mental health therapy, and assessments. Clinicians within PresenceLearning's network will be able to access complete digital curriculum materials from Positive Action's SEL programs, including comprehensive education materials (most with approximately 140 lessons), student activity sheets, thumbnail graphics for posters, and other visual aids. Proven effective in multiple randomized controlled trials, the Positive Action SEL program is designed for use in all tiers of instruction and includes specialized materials designed for drug education, anti-bullying, family, and counselor objectives.
"The addition of Positive Action to our digital content library meaningfully expands the SEL resources available to our clinicians and school partners. Our platform facilitates a personalized therapy experience for each child, and in today's environment, incorporating SEL into therapy is vital to helping students reach their potential," said Kate Eberle Walker, CEO, PresenceLearning.
About Positive Action, Inc.
Positive Action, Inc. (PAI) is the leading education and technology company for evidence-based social and emotional learning (SEL) programs. Developed by founder Dr. Carol Allred beginning in 1973, our PK-12 programs are based on the intuitive philosophy that we feel good about ourselves when we do positive actions. We offer the only SEL program proven to simultaneously improve student academic achievement and behavior in multiple, multi-year randomized controlled trials, the highest standard of evidence-based education. Our programs have earned prestigious accolades from numerous institutions, including the U.S. Department of Education, U.S. Department of Justice, Harvard University, and The Collaborative for Academic, Social and Emotional Learning (CASEL).
PresenceLearning, Inc., is the leading provider of therapy software and teletherapy services for special education related services and behavioral mental health counseling in schools. At the heart of the company is a purpose-built therapy platform, designed by clinicians for clinicians. Special education teams utilize the Therapy Essentials platform to serve children both in and out of school, leveraging PresenceLearning's national network of more than 1,500 speech-language pathologists, occupational therapists, and behavioral and mental health professionals as needed to ensure that every child is served. To date PresenceLearning has delivered more than 3 million therapy sessions. Investors in the company include Bain Capital Double Impact, Catalyst Investors, Catamount Ventures, and New Markets Venture Partners.