EDUCATION TECHNOLOGY

Leading AI Education Technology Provider Carnegie Learning Announces Strategic Growth Investment From Madison Dearborn Partners

businesswire | October 22, 2020

Carnegie Learning, Inc, a leader in artificial intelligence (AI) for education and formative assessment, announced today that it has received a strategic growth investment from funds affiliated with Madison Dearborn Partners, LLC (“MDP”), a leading private equity firm based in Chicago. Under the terms of the agreement, the funds affiliated with MDP (the “MDP Funds”) have acquired a majority stake in Carnegie Learning from CIP Capital, a New York-based private equity firm, which initially invested in Carnegie Learning in 2018. CIP will retain a significant ownership position in Carnegie Learning alongside certain members of the Company’s management team. CIP and Carnegie Learning’s management team, together with MDP, will seek to extend Carnegie Learning’s leadership position in K-12 personalized learning and coaching software, assessments, curriculum and professional learning solutions.

Spotlight

CommLab helps eLearning Champions design and develop online solutions by converting ILT material to eLearning curriculums, Flash-based courses to HTML5, and translating eLearning courses to more than 35 international languages, all using the latest authoring tools. CommLab has been ranked third in the Top 10 eLearning Content Development Companies for 2018 for by eLearning Industry.

Spotlight

CommLab helps eLearning Champions design and develop online solutions by converting ILT material to eLearning curriculums, Flash-based courses to HTML5, and translating eLearning courses to more than 35 international languages, all using the latest authoring tools. CommLab has been ranked third in the Top 10 eLearning Content Development Companies for 2018 for by eLearning Industry.

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CORPORATE EDUCATION AND TRAINING

Cambium Learning Group Champions “Remote First” Work Model

Cambium Learning Group | January 31, 2022

-Cambium Learning Group, a leading provider of award-winning education technology and services for K-12 markets, today announced its “Remote First” work model, a progressive and responsive approach to remote work. Cambium's Remote First model provides the company’s employees with flexibility, giving most employees the opportunity to choose between fully remote work or a hybrid of remote and in-office work at one of Cambium's office locations. Cambium believes that continuing to allow its employees to determine where and how they work to effectively balance their work and personal lives will continue to support both the company’s goals and employees in the future. Cambium’s purpose — its reason for being — is to tackle K-12 education’s biggest challenge: helping all teachers and students feel seen, valued and supported. This purpose also extends to the employees, making sure all feel seen, valued and supported. Employees will not be required to work in an office or resume business travel, and the added flexibility is focused on driving innovation, improving equity across the company, and putting people first. “In response to the pandemic, most Cambium employees have adjusted to a fully remote working environment,” said John Campbell, CEO of Cambium Learning Group. “The transition to fully remote work has required each of us to adopt new ways of working and staying connected. We’re excited that our Remote First approach will provide a more inclusive model based on respect and trust that supports everyone to create a better work-life blend.” Cambium's bookings are more than five times higher than 2017 bookings, nearing $1B in 2021. Since accelerating its transition to a remote workforce in March of 2020, Cambium has gone on to have its two most successful years to date in 2020 and 2021. This is just one example of how the company’s focus on its purpose — helping people feel seen, valued and supported — wasn't just the right thing to do, it was beneficial for business and employees. As a result of the growth that the company has seen over the last 2 years, Cambium has invested in its existing talent and added nearly 400 new positions across the US, while looking to add more than 600 new positions in 2022. Cambium’s latest video, “Back to the Future,” highlights Cambium's legacy of impact and serves as a call to action for professionals wanting to join the edtech leader in addressing education’s most persistent challenges. Within Cambium’s Remote First approach, over 85% of Cambium's employees have the opportunity to work remotely. “Our historic growth last year and throughout the pandemic, is a testament to our employees’ hard work and tenacious dedication to teachers and students. Giving our employees the flexibility to decide where and how they work best is not only what’s best for themselves and their families, but also helps us all produce our best work.” Ashley Andersen Zantop, COO at Cambium Learning Group By applying learnings from the start of the pandemic, and adopting a Remote First work model, Cambium has invested in ways to increase support for employee remote home offices. This includes a Remote First Home Office support benefit for expenses incurred so far and those expected in 2022, as well as an enhanced suite of health and welfare benefits including virtual mental wellness visits, enhanced leave packages and other remote-friendly offerings. Cambium’s commitment to a Remote First approach will focus on encouraging all employees and teams who can work remotely successfully to do so, while also providing office facilities for some in-office work and collaboration in select locations. About Cambium Learning Group Cambium Learning® Group is the education essentials company, providing award-winning education technology and services for K-12 markets. With an intentionally curated portfolio of respected global brands, Cambium serves as a leader in the education space, helping millions of educators and students feel more universally valued each and every day. In everything it does, the company focuses on the elements that are most essential to the success of education, delivering simpler, more certain solutions that make a meaningful difference right now. To learn more, visit www.cambiumlearning.com or follow Cambium on Facebook, LinkedIn, Twitter, and Medium. The Cambium family of brands includes: Cambium Assessment, Lexia® Learning, Learning A-Z®, Voyager Sopris Learning®, ExploreLearning®, Time4Learning®, and Kurzweil Education®.

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Lexia Core5 Reading Named Winner in 2020 Tech & Learning Awards of Excellence

Lexia Learning | July 28, 2020

Today, Lexia Learning, a Rosetta Stone company (NYSE: RST), announced that its personalized literacy programs, Lexia® Core5® Reading (Core5) was selected as a winner in the software category for the 2020 Tech & Learning Awards of Excellence program. “Districts are looking for rigorous, research-proven programs – and that has always been at the center of our pedagogical approach,” said Lexia President Nick Gaehde. “With the flexibility that Lexia Core5 Reading offers, district leaders can be confident in knowing that teachers remain at the center of instruction and students are progressing at their individual level whether learning in-class or remotely from home.”

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ONLINE EDUCATION

TUTRRD launches an app to bridge the gap between after school tuitions and virtual education

TUTRRD | November 20, 2021

TUTRRD, an online learning and teaching platform for K-12 that focuses on one on one interactive learning as launched their an app to bridge the gap between after school tuitions and virtual education. The platform aims at bridging the gap between after school tuitions and virtual education by enabling teachers to conduct classes at their convenience and generate additional income for themselves, thereby providing personalized, convenient, and affordable learning solutions to the students from across all boards. The announcement of the platform was done on Children's Day i.e. 14th November, 2021 through a webinar with the app going live on Android. The platform has on boarded over 500 teachers and aim to onboard around 5000 teachers by the end of this financial year in March 2022. The app is currently only available on Android Play Store. "I strongly believe that teaching and learning should not be restricted to any geographical boundaries. When the educational system transitioned online, there was heavy reliance on technology to conduct classes. There was an increasing need to include the human element in this content-learning age. Moreover, the number of students were huge and personalization was becoming a challenge for the schools and colleges. That is how the idea of Tutrrd was born, where we focused on providing the personalized experience to learning that has been missing in the market." Divya Tej Pereira, CEO & founder, TUTRRD "It has always been my vision to empower teachers to connect with students and ensure they have the technology and skills to make learning an exciting and fulfilling experience. With the pandemic, many teachers lost their jobs or their salaries were reduced due to the economic halt. In such situations, it is important to assist teachers to step into their power and increase their income. We provide a platform for teachers to provide their expertise in the most convenient and engaging manner," added Mr Tej further. The Tutrrd app provides a seamless user-experience, wherein students can book one-on-one personalized classes with the teachers based on their interest areas and educational needs. Dependency on private tuitions has proved to improve the performance of students at all levels of education. Therefore, the USP of the app is the personal touch that it provides to the students in their learning experience. The app has helped rethink the idea of private tuitions, wherein the students can get personalized attention with the help of expert teachers in order to enhance their academic performance with 100% live interactive and one-on-one tutoring. The primary focus of teaching is on core academics. However, with the personalization, the teachers can assist in the complete holistic development of students, thereby increasing their disposable income. India's online tutoring market offers more than just internet-based tutoring sites; it also offers tuition services that use virtual worlds for teaching and providing personalized virtual attention to students. Growth of the online tutoring market has been attributed to several factors, including adoption of higher studies, COVID-19 outbreak, and improved accessibility to technology. By 2022, the market is predicted to reach USD 9 billion. About TUTRRD TUTRRD provides the most efficient and convenient way of learning for students by making education more accessible, affordable, and inclusive. Headquartered in Mumbai, TUTRRD is a platform that offers all Indian teachers an opportunity to conduct online classes and at the same time, help students to find expert teachers based on their subject specialization and book 100% live, interactive, and one-to-one tuition with them. Aimed at creating an integrated community, empowering and enabling educational professionals to highlight their individuality and unique teaching skills. By connecting students across all boards and highly qualified teachers through a single platform, TUTTRD prioritizes personal attention, thereby assisting teachers and students in their growth and development.

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