EDUCATION TECHNOLOGY

Educative Raises $12 Million in Series A Funding to Expand B2B Offerings and Accelerate Growth

Educative | May 20, 2021

Educative, an interactive hands-on skill development platform for software developers and therefore the companies that employ them, today announced a $12 million Series A fundraising round. Matrix Partners led the round with additional funding from new and returning investors, including Trilogy Equity Partners. Lookout founder Kevin Mahaffey, Mercury.com founder Immad Akhund, Segment founder Ilya Volodarsky, and several other angel investors also participated.

Educative has quite 550,000 developers who use the platform, also as a further 1.5 million learners monthly that tap into its free database of short, concise articles on dev topics. The infusion of funding will enable Educative to accelerate its growth within the B2B space where companies including LinkedIn, Samsung, Ford, Visa, GE, and VMware leverage the company's proprietary technology to onboard new engineers, upskill existing ones and develop their engineering managers. the corporate will quite triple its course offerings in 2021 and expand customizable training offerings for teams and enterprises looking to expand the talents of their employees. Educative also plans to rent quite 200 new employees to fuel growth across their global customer base.

"Like skateboarders or swimmers, developers can't learn by watching videos. Instead, they learn by doing. We began to create a learning platform that gives pre-configured training environments within the cloud, making hands-on learning a breeze. Educative now touches 10 percent of developers worldwide," said Fahim ul Haq, chief military officer and co-founder of Educative. "We've experienced accelerated growth over the last year as demand for software developers continues to explode. As remote work, career transitions, and upskilling continue, this investment will help us answer the demand and still deliver quality courses for software developers and therefore the businesses that employ them."

Over the past year, Educative has experienced widespread growth including doubling its user base within the U.S. The platform saw over 100% growth in non-traditional tech hubs like San Diego , Columbus, Charlotte, and Raleigh in 2020. Educative responded by expanding its suite of courses utilized by several technical boot camps and individual learners, also introducing tailored solutions for training, upskilling, and onboarding for businesses.

"Educative has made impressive strides to reply to the challenges related to upskilling software developers during a time when the work market is growing exponentially for knowledgeable programmers," said Jake Jolis, partner, Matrix Partners. "Educative embodies the attributes we value at Matrix Partners — a promising mission, an ambitious team, and a loyal, passionate community. we glance forward to helping Educative continue on its current growth trajectory."

About Educative

Educative is that the leading provider of online learning platforms that engage users with interactive in-browser coding exercises designed to show, test, and develop the skills of engineering managers and developers. Its interactive courses are designed in conjunction with external tech experts and have text-based training which studies show is significantly faster than video-based courses. employed by individuals and businesses alike, Educative's courses help software developers learn more quickly and efficiently than other platforms.

Spotlight

Anthika Udomdejkul lives in Geel,Flemish Region,Belgium. She did her Bachelors In Business Administration from the Khon Kaen University (KKU) in the Northeastern part of Thailand. Se was working as an account executive when she felt the need to get certified in the field of Digital Marketing and thus enrolled in the PCP in Digital Marketing from Purdue University offered by Simplilearn. Also on moving to Belgium, in a non English speaking country, she found it harder to interact with clients and find the right job.Thus to keep herself prepared with the right knowledge and skill set, she enrolled in Simplilearn's Professional Certificate Program In Digital Marketing.

Spotlight

Anthika Udomdejkul lives in Geel,Flemish Region,Belgium. She did her Bachelors In Business Administration from the Khon Kaen University (KKU) in the Northeastern part of Thailand. Se was working as an account executive when she felt the need to get certified in the field of Digital Marketing and thus enrolled in the PCP in Digital Marketing from Purdue University offered by Simplilearn. Also on moving to Belgium, in a non English speaking country, she found it harder to interact with clients and find the right job.Thus to keep herself prepared with the right knowledge and skill set, she enrolled in Simplilearn's Professional Certificate Program In Digital Marketing.

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TALENT DEVELOPMENT

Enterprise Viewpoint Acknowledges Echo360 for E-learning Solution

Echo360 | February 27, 2023

Enterprise Viewpoint, a platform connecting entrepreneurs, business owners and businesses to the audience, has recently announced an acknowledgment for Echo360 as one of the most innovative e-learning solutions providers in 2023. It annually maintains a list of innovative learning solutions providers and acknowledges companies that transform learners with their e-learning services. In addition, an independent panel of experts from the education sector identifies companies that use technology for innovation and business value. The cover of its annual edition featured Echo360, available in digital and print formats. Through its services and customer engagement, Echo360 assisted various customers across industries, from travel companies like Delta Airlines to education enterprises like the University of Melbourne. Its innovative e-learning solution, "Echosystem" creates, animates, and analyzes learning outcomes for businesses and education. Its products, EchoEngage, EchoAuthor, EchoExam, and EchoVideo, along with its Echosystem solution, impact the learning processes of administrators, instructors and learners with strategy and responsiveness. Enterprise Viewpoint reviewers praised its innovative "e3" formula for Inspired Learning, emphasizing evidence, equity and evidence for the education program and product development. President and CEO of Echo360, Murad Velani said, "Echo360's recognition as one of a small number of companies making a large impact in the e-learning space establishes the company's leading position as a global learning leader." He added, "Our talented team and remarkable customers work collaboratively and tirelessly to create innovative learning experiences that unlock the inspired learning potential of students and employees around the world." (Source – Cision PR Newswire) About Echo360 Headquartered in Reston, Virginia, Echo360, a SaaS-based video platform for the education sector, provides interactive learning management, engaging content and learning assessment. It is helping over 2 million learners and instructors with their educational outcomes and empowered more than 1200 higher educational institutes in Asia, the Middle East, Europe, and North America. Its cloud-based services provide a platform for learners and instructors worldwide to create, record and learn educational content on any device. In addition, they can exchange feedback, giving real-time insights for an inspired learning journey.

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EDUCATION TECHNOLOGY, ONLINE EDUCATION

Ellucian Achieves Cloud Awards for Its Hybrid Cloud Solution

Ellucian | February 24, 2023

On February 23, 2023, Ellucian, an education technology solutions provider, announced being awarded The Cloud Awards in the Best Hybrid Cloud Solution category, recognizing it for innovation and transformation in the education sector through cloud computing solutions. Ellucian platform supports higher education institutes with innovation and support for resilience. Its integrated solutions assist faculty members and education staff in successful outcomes for students through data-driven insights. It offers in-house experts, a partner network, advanced cloud-based solutions, and capabilities. The Cloud Awards is an international program honoring innovators for organizational transformation through cloud computing. It considers small, large, start-up and established organizations worldwide for the awards. Its categories are Best SaaS, Most Promising Start-Up and "Best in Mobile" Cloud Solution. It is part of three programs: The Cloud Awards, The Cloud Security Awards and The Software-as-a-Service Awards. CTO of Ellucian, Mike Wulff, said, "Making the transition to the cloud can be daunting, requiring confidence in the technology, time, and resources." He added, "Our customers understand the advantages that come with making the change, and we are committed to working closely with higher education institutions -- offering a tailored approach that suits their specific needs. It is an honor to be awarded a 2023 Cloud Award, recognizing our efforts to provide efficient and customized hybrid cloud solutions." (Source – Cision PR Newswire) Head of Operations for The Cloud Awards, James Williams, said, "Ellucian is an admirable winner of The Cloud Awards as their solution takes the industry a step forward." He added, "There were many innovative solutions among the finalists, but Ellucian's solution stood out to the judging panel as the ultimate category winner for Best Hybrid Cloud Solution." (Source – Cision PR Newswire) About Ellucian Headquartered in Reston, Virginia, Ellucian, a higher education services provider, offers solutions for SaaS, digital transformation, workflow software, document management software, talent management system, cloud services, student retention, recruitment and enrollment management software, mobile campus, higher education ERP, student information system, higher education software and services. It has been empowering colleges and universities with its cloud-based solutions since 1968. In addition, it offers professional services like management consulting, education, training, and application software implementation. It helps customers with remarkable digital transformation for a successful institution and student development.

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EDUCATION TECHNOLOGY

Springboard Partners with Gonzaga University to Deliver Tech Bootcamps

Springboard | January 27, 2023

On January 26, 2023, Springboard, an online learning platform that prepares students for in-demand careers, announced a partnership with Gonzaga University, a Jesuit liberal arts institute in Spokane (Washington), to provide students and prospective students with two bootcamps, namely Cybersecurity and Software Engineering. Employment for information security analysts and software developers is anticipated to increase over the next ten years, according to the Bureau of Labor Statistics. Sanam Raza, Vice President and General Manager of University Partnerships at Springboard, shared, "We want to do all that we can to provide the knowledge and support to meet the surge in demand for talent in these fields," She added, "We look forward to working alongside Gonzaga to help close this skills gap in the tech workforce and share in their commitment to expanding what a 21st century educational institution can do." (Source – Business Wire) This is Springboard's first university collaboration in 2023 and its tenth collaboration overall. With a proven track record of success, Springboard has emerged as a leading partner for universities looking to broaden their offerings to students through asynchronous e-learning. Springboard's exceptional, cohort-based, human-guided programs combine one-on-one mentoring with live and instructor-led lessons. Springboard's curriculum is developed by experts in the field, and students receive hands-on assistance from industry professionals as well as career coaching on how to build a network and land a job. Individuals who take the courses will gain real-world experience and create unique work portfolios. The 360-hour Cybersecurity bootcamp will cover industry fundamentals, vulnerability assessment, systems and network security, security operations, and a capstone project to demonstrate specialized skills. The Software Engineering Bootcamp covers front-end and back-end web development, databases, data structures, and algorithms, with two capstone projects included. Students in similar programs at Springboard have received job offers from companies such as Amazon, Salesforce, Google, Microsoft, and others in Fortune 100. The programs will be available to the public, and prospective students can enroll without prior industry or academic experience. Students who complete the program will be awarded an official Gonzaga University certificate. About Springboard Founded in 2013, California-based Springboard is an online learning platform that trains students for the most in-demand careers in the technology industry. More than 20,000 students in over 100 countries have used the company's systematic, mentor-led online learning programs to advance their careers. Employers such as Microsoft, Google, Meta, LinkedIn, Deloitte, Intel, IBM, and Salesforce have hired graduates from its programs. Springboard was recently included on the 2023 GSV EdTech 150 list, ranking the world's 150 most transformative digital learning growth companies.

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