PRnewswire | April 04, 2023
Promethean, a global leader in interactive display technology, has launched the ActivPanel LX, a lower-priced panel that provides customers exceptional ease of use and flexibility, along with the quality and longevity the company is known for. With this latest offering, Promethean is well positioned to meet the needs of a growing segment of the education technology market.
"If there's one thing we've learned over our more than 25 years in the edtech business, it's that every school and district is unique—with different demands when it comes to their classroom technology," said Lance Solomon, chief product officer at Promethean. "We're excited to offer the ActivPanel LX to customers who place affordability, simplicity, and versatility at the top of their list of requirements."
The ActivPanel LX is a simplified, peripheral touchscreen panel that can be easily connected to a laptop with a USB-C cable or paired with a computing module to complement an existing Chrome or Windows environment. It also works seamlessly with the software and apps teachers already use, so they can plug and play with minimal training.
IT administrators will find the ActivPanel LX easy to set up and install, and they won't have to enroll, manage, or frequently update the panel. Because no personal identifying information is saved to or retained on the panel and it is not part of a network, IT staff can use their existing security protocols and authentication methods and won't have to perform any security updates.
"Every district, school, and classroom deserves to have access to interactive displays, no matter their geographic location, student demographics, or budget," said Matt Cole, EVP global sales at Promethean. "By making a panel that's so easy for teachers to use and IT staff to take care of, we're making it possible for millions more students around the world to benefit from this transformative technology."
School leaders who want to ensure they are making a wise investment in education technology that's built to last far into the future will appreciate the advanced features of the ActivPanel LX, including a crystal clear 4K display that leverages HDMI 2.0 technology; Gigabit ethernet ports that facilitate uncompromised network speeds to a connected OPS device; LCD bonded glass that provides both excellent writing and viewing experiences; and advanced touch technology that provides pen and touch differentiation, palm erase, and 20 points of touch.
Promethean is a leading education technology company working to transform the way the world learns and collaborates. From our founding in Blackburn, England, more than 25 years ago to our global operations serving 126 countries today, we've continued to explore, innovate, and inspire—designing learning and collaboration tools that are built for breakthroughs. Our award-winning interactive display, ActivPanel, and lesson delivery software, ActivInspire and ClassFlow, were designed to engage students, connect colleagues, and bring out the brilliance in everyone. With headquarters in Seattle, Washington, and offices worldwide, Promethean is a subsidiary of the NetDragon Websoft Holdings Limited (HKSE: 0777) group of companies.
Businesswire | June 02, 2023
Swing Education, an online marketplace that connects schools and substitute teachers, announced today $38 million in Series C funding. The funding round was led by funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm, and by edtech investment firm Reach Capital. The funding enables Swing Education to invest in its growth and better address the nation-wide substitute teacher shortage.
This financing follows a 2018 Series B funding co-led by GV (formerly Google Ventures) and Owl Ventures and a seed round from a consortium that included Social Capital, Kapor Capital, Moment Ventures, Ulu Ventures, Red House Education, and Edovate Capital.
Swing believes that every classroom deserves a teacher, and every student deserves to learn without disruption. Since its founding in 2015, Swing has worked to improve the experience of being a substitute teacher and made it easier for K-12 schools to grow and manage their substitute teacher pools. Swing currently works with over 2,800 school partners and in the 2022-23 school year has supported these schools in filling over one million instructional hours with substitute teachers.
Teacher vacancies are an ever-present challenge for school administrators, with 45% of public schools operating without a full teaching staff at the start of the 2022-2023 school year. While school leaders recognize the need for substitute teachers, improving processes around substitute teaching and investing in programs and tools that support substitute well-being often go unprioritized. Swing aims to fill this gap. By combining dedicated success teams and a comprehensive technology platform, Swing works to ensure that substitutes are treated better, which, in turn, attracts more individuals to the profession.
“We’re thrilled to have Apax Partners and Reach Capital as strategic investors,” said Mike Teng, CEO of Swing Education. “The need for substitute teachers is acute. This additional funding highlights the current strain on our schools and positions Swing to grow our impact, placing even more substitute teachers in even more classrooms.”
“Swing Education is a truly impactful business, bringing much needed digitalization to the substitute teacher staffing marketplace and making it easier and more efficient to match talent with schools,” said David Su, Partner, Apax Global Impact. “We’re incredibly excited to be partnering with Mike and the broader team to help grow the business and execute on our joint vision for the company.”
“Beyond broadening and diversifying staffing pools, Swing’s distinct marketplace model provides upskilling opportunities and unlocks innovative pathways to the teaching profession,” said Steve Kupfer, Venture Partner at Reach Capital. “Each of these goals aligns with our mission as education investors. We are thrilled to support the Swing team through this next stage of growth.”
"Even prior to the pandemic's amplification, the teacher shortage in the United States profoundly impacted the K-12 education system. Under the visionary leadership of Mike and Asha, Swing Education has built a transformative way for K-12 schools and substitute teachers to connect,” said Amit A. Patel, Managing Director at Owl Ventures. “Their technology platform has harnessed the power of data to enable a seamless match between teacher absences and qualified substitutes as well as ensure uninterrupted student learning."
Swing currently operates in California, Arizona, Texas, Illinois, New York, New Jersey, and Washington, D.C. and will use this latest funding round to grow its substitutes and school partners in these regions. Swing will look to expand to new regions in 2024.
About Swing Education
Swing Education is an online staffing marketplace that connects substitute teachers with schools. Founded in 2015 by former K-12 educators and administrators, Swing makes it easier for schools and districts to find reliable, qualified substitute teachers when they need them most. With over 300,000 absence days filled to date, Swing is dedicated to improving the experience of finding substitute teachers, becoming a sub, and keeping student learning on track. Swing serves over 2,800 partner schools across California, Arizona, Illinois, Texas, New Jersey, New York, and Washington D.C.
ENTREPRENEURS AND LEADERS
PRnewswire | April 25, 2023
edX, a leading global online learning platform from 2U, Inc. today announced the launch of Try It courses: 1-2 hour free online introductory courses designed to give learners exposure to foundational skills in a variety of high-demand topics, such as Python, UI/UX Design Thinking, HTML, GitHub, and more. Now, learners can preview these skill areas for free before making the decision to enroll in a full-length program on the topic, such as a technical boot camp, offered by one of edX's partner institutions.
"edX is committed to creating meaningful, accessible on-ramps to online education opportunities offered by hundreds of the world's top universities and leading companies on edX.org," said Anant Agarwal, Founder of edX and 2U's Chief Platform Officer. "These courses are a low-risk way for millions of edX learners to explore new, in-demand professional skills and be connected to one of our partner's full-length programs if they wish to continue their learning journey."
According to the World Economic Forum, over half of all employees worldwide will need to reskill or upskill by 2025. In a recent study by IBM, 40% of respondents said the greatest barrier to professional skill development is knowing where to start. edX's Try It courses create opportunities for learners to gain familiarity with technical subjects and help ensure they are pursuing a journey that aligns with their individual goals before investing additional time and resources in full-length programs. Each course includes one hour of instruction and one hour of practical exercise, followed by a brief assessment.
Currently, Try It courses are designed as easy entry points into full boot camps offered with edX and in partnership with over 50 non-profit colleges and universities around the world. edX plans to launch additional Try It courses that connect learners with a variety of content across edX's free to degree portfolio edX.org, including executive education courses. edX partner institutions, including The Ohio State University College of Engineering and University of Kansas Jayhawk Global, plan to launch Try It courses in the coming months.
edX is the global online learning platform that exists to help learners everywhere unlock their potential. edX was founded by Harvard and MIT in 2012 to make the world's best education available to everyone. Today, as a 2U, Inc. company (Nasdaq: TWOU), edX connects 48 million ambitious learners with the skills, knowledge, and support to achieve their goals. Together with the world's leading universities and companies, edX offers thousands of free and open courses, professional certificates, boot camps, credit-bearing micro credentials, and undergraduate and graduate degrees.