Anthology Inc | January 24, 2023
Anthology, the largest EdTech ecosystem for education on a global scale, announced on January 23, 2023, that it would support more solutions with certifications for data security and privacy.
The company, which provides educational solutions supporting the entire learning cycle, has now expanded its ISO 27001 security certification feature. After integrating Anthology and Blackboard in October 2021, one certification would combine Blackboard Learn, Anthology Ally, Anthology Student, and Anthology Reach.
Furthermore, Anthology Encompass, Anthology Engage, Blackboard SafeAssign, and Blackboard Data attained ISO 2001 certification. Complete solutions approved by ISO 27001 are also approved for cloud service security controls and data privacy protection practices.
An independent third-party auditor has confirmed that ISO 27001 certification is recognized globally for its best international security management practices and overall security controls. Thus, this certification guarantees that Anthology's security program satisfies high security and privacy standards.
Richie Rodriguez, Chief Information Security Officer at Anthology, said, "Data security and data privacy are foundational elements of the learning journey. This expansion of certification by independent experts signals to learners, instructors and administrators that Anthology is committed to delivering the highest level of safety and security. Our team puts security and data privacy at the center of our product development and management lifecycle process, an approach that ensures our solutions will continue to provide seamless, industry-leading protection so learners can focus on achieving their goals."
(Source – Cision PR Newswire)
The mentioned products got certified for ISO 27017 and ISO 27018 as well. ISO 27017 establishes security protocols for cloud services, while ISO 27018 contains specifications for protecting personally identifiable information (PII) in public clouds.
The company supports over 150 million learners in 80 countries as well as educational institutes worldwide. It provides approximately 60 SaaS products and services dedicated to promoting learning. In addition, it serves the global education community with dynamic, data-informed events that will assist learners and instructors in achieving their objectives.
CORPORATE EDUCATION AND TRAINING
Discovery Education | January 20, 2023
On January 19, 2023, 3M and Discovery Education announced the launch of the Young Scientist Challenge Alumni Network and Alumni Grants Program. As a part of the 3M Young Scientist Challenge, the initiative will support prior participants and future science leaders.
The annual 3M Young Scientist Challenge, the country's premier middle school science competition, invites kids in grades 5 to 8 to compete for a grand prize of $25,000, mentorship with a 3M scientist, and the title of "America's Top Young Scientist." In addition, the new Alumni Network and Alumni Grants Program provides past participants networking opportunities, events, resources, and financial support for ongoing science projects.
The 3M Young Scientist Challenge Alumni Network gathers a growing community of mentors and former challenge finalists to interact, celebrate, and promote innovations. America's Top Young Scientists have given TED Talks, filed patents, founded nonprofits, made to the Forbes' 30 Under 30 list, rung the opening bell at the New York Stock Exchange, and shown their work at the White House Science Fair. These young innovators have been featured in Forbes, The New York Times Magazine, and Business Insider, as well as national television shows.
Each year, the Alumni Grants will award a total of $25,000 grant money to ten different alumni in three different areas:
Continuation of 3M Young Scientist Challenge Project - This will support alumni who want to continue developing the project they initially developed 3M Young Scientist Challenge. Three alumni are eligible to receive $5,000 annually.
New Idea to Improve the World - This area of funding would be available to assist projects that alumni might be working on, which are different from their initial 3M Young Scientist Challenge innovation. Two alumni can receive $2,500 annually.
Science in Your Community - Funding can be used to assist alumni initiatives, community enrichment and community engagement projects. Five alumni receive $1,000 annually.
About Discovery Education
Headquartered in Charlotte, North Carolina, Discovery Education is a global leader in ed-tech with a state-of-the-art platform to facilitate learning. Its standards-based digital content for grades K-12 redefines teaching and learning by providing award-winning multimedia content, digital textbooks, professional development, and the largest professional learning community of its type. The company serves over 4.5 million educators and 45 million students globally, with its resources available in more than 100 countries and territories.
Spear Education | December 20, 2022
Avista Capital Partners ("Avista"), a leading private equity firm focused exclusively on healthcare, today announced its acquisition of Spear Education ("Spear" or the "Company"), a tech-enabled provider of digital and in-person clinical training, practice analytics and consulting solutions for the dental market. Transaction terms were not disclosed. Headquartered in Scottsdale, AZ, Spear is the industry's leading dental education provider. Spear offers unmatched breadth of content including 5,000+ on-demand videos, 300+ hands on workshops annually, and 100+ study club modules. Spear's solutions enable dentists to learn higher acuity skills and generate new revenue streams, providing a high ROI to dental practices and practitioners across the spectrum of experience. Avista Partner Sriram Venkatraman, said: "Avista sees Spear as a compelling investment opportunity given its industry leadership, demonstrated growth potential and diversified business model. We look forward to leveraging our deep experience in the healthcare technology sector and dental end-market to help accelerate Spear's growth trajectory.
"Spear has achieved robust growth over the last several years, with increases in membership and the expansion of our digital content. We are well positioned to capitalize on the tremendous opportunities ahead, against the backdrop of an accelerating industry. We are thrilled to have Avista as a partner as we pursue a multi-lever expansion strategy that will result in compelling benefits for our customers, employees and the entire dental industry."
CEO of Spear Education Kaleim Manji,
Steve Schiess, an Avista Strategic Executive with over 30 years of experience in the dental industry, most recently as the CEO of Zest Dental Solutions, a former Avista portfolio company, added, "Spear offers dentists a tremendous value proposition. Spear's education and training courses enable dentists to learn new skills that drive the retention of procedures in-house which, in turn, delivers a high return on their Spear investment. We believe there are multiple opportunities to accelerate both the dental practices' and Spear's growth. Wilkie Farr & Gallagher LLP acted as legal advisor and William Blair acted as financial advisor to Avista.
About Spear Education
Spear Education is dentistry's premier source for continuing education. The company serves dentists of all clinical skill levels and transforms practices and the lives of patients by offering physical hands-on courses, extensive peer-to-peer regional learning, and comprehensive online educational tools. For more information, go to www.speareducation.com.
About Avista Capital Partners
Founded in 2005, Avista Capital is a leading New York-based private equity firm with over $8 billion invested in more than 40 growth-oriented healthcare businesses globally. Avista partners with businesses that feature strong management teams, stable cash flows and robust growth prospects – investing in the medical devices, pharmaceuticals, outsourced pharmaceutical services, healthcare technology, healthcare distribution and diagnostics, and consumer healthcare sectors. Avista's Strategic Executives and Advisors are an integral part of the team, providing strategic insight, operational oversight and senior counsel, which helps drive growth and performance, while fostering sustainable businesses and creating long-term value for all stakeholders.