CORPORATE LEARNING SYSTEMS
ETU | August 25, 2022
ETU, provider of the world’s leading learning simulation platform, today announced a strategic growth investment led by Mission Springs Ventures and Pacific Lake Partners, along with participation from other private investors. Financial terms of the investment were not disclosed. Mission Springs Ventures, an investment vehicle led by executive Katie Laidlaw, assembled the investor group and financing. The investment will fuel continued growth with additional capital and management resources focused on customer value creation. As part of the transaction, Ms. Laidlaw will assume leadership of the business in the role of CEO. ETU’s co-founder, Dr. Declan Dagger, will continue in his role as Chief Operating Officer of the company. According to the World Economic Forum, 50% of all employees will need reskilling by 2025. The corporate learning market is changing quickly due to the increased need to upskill hybrid workforces at scale. Traditional virtual learning is contributing to employee fatigue and does not provide the opportunities to practice and develop the critical skills needed in the future of work. As a result, immersive learning is growing rapidly and ETU is leading the way with clients that include PWC, IBM, Merck, Deloitte, Microsoft and Macy’s.
“ETU is on a growth trajectory that will accelerate under Katie Laidlaw. Our growth shows that the market is primed for a Learning Simulation Platform that effectively develops and measures critical skills. Katie’s excellent business acumen and keen leadership style is the perfect combination to lead ETU forward”
Declan Dagger, COO for ETU.
Recent explosive growth by ETU has taken several forms:
The business doubled annual revenue in 2021, and is on track to double revenue again in 2022.
ETU’s workforce increased 4x in 2.5 years.
Continued innovation of new features within the Learning Simulation Platform is growing the power of the solution with each release.
The SaaS platform recently crossed the threshold of over 1 million learners worldwide.
About Mission Springs Ventures
Mission Springs Ventures is an investment vehicle led by Katie Laidlaw, drawing upon her nearly two decades of business development and strategy experience. It was formed to identify and acquire a high-growth business, and then lead it for the long-term.
About Pacific Lake Partners
Pacific Lake Partners is the most experienced and largest investor dedicated to partnering with search fund entrepreneurs and helping them succeed. Pacific Lake works with talented entrepreneurs to find and acquire great companies and then galvanize growth. Pacific Lake offers best-in-class support for entrepreneurs, including searcher workshops and a range of post-acquisition initiatives conducted by our Value Creation Team.
ETU partners with the world's leading brands to upskill employees digitally at scale. ETU’s solution provides immersive simulation-based learning that delivers breakthrough improvements in the application of skills. ETU was founded within Trinity College Dublin over 10 years ago. A passionate group of PhD researchers sought to transform the way learning was being delivered in corporate settings. They knew immersive training was the answer, and built a powerful platform that boosts learner engagement. A key differentiator of ETU’s Learning Simulation Platform is its ability to capture rich skill data that gives clients the talent analytics they need to make decisions on workforce gaps.
EDUCATION TECHNOLOGY,ONLINE EDUCATION
Kahoot | August 02, 2022
Kahoot!, the global learning and engagement platform company, today announced that it has launched the Kahoot! add-on for Google Classroom, making it possible for educators and learners around the world to discover, create, assign and host interactive learning sessions without ever leaving Google Classroom. As a Google Classroom add-ons early access partner, Kahoot! is one of the first digital learning platforms to be available as a Google Classroom add-on.
As shared on the Google for Education blog, "Add-ons provide a better end-to-end experience to not only save time for educators, but also simplify the digital classroom experience for students, too."
"Both Kahoot! and Google Classroom are used by millions of educators and students worldwide to support and enrich learning, With Kahoot! now offering a Google Classroom add-on, teachers and learners can access, explore and share engaging Kahoot! content directly from Google Classroom, boosting engagement at school and supporting students' independent learning at home."
- Melissa Mills, Product Director at Kahoot!.
Instant access to supercharged learning and engagement district-wide
Administrators can set up the Kahoot! add-on for schools across their district from the Google Workspace Marketplace in just a few clicks. Once enabled, educators and students can access Kahoot! on any device within Google Classroom, without needing to navigate to an external website or use an additional login. Classroom add-ons are available for all Google Workspace for Education users with the Teaching and Learning Upgrade or Google Workspace for Education Plus editions.
Through the add-on, teachers can search for or create their own kahoots, as well as discover the millions of ready-to-use learning sessions on Kahoot!, which educators can then assign for students to complete directly within Google Classroom. The Kahoot! EDU offering for schools and school districts also enables educators to access a school library of kahoots, where they can find and share learning content with other teachers throughout the school or district.
This integration marks Kahoot!'s latest collaboration with Google, beginning in 2019 when Kahoot! was selected to become a Google for Education Partner, followed by working together to launch Google Search Practice Problems and an integration with the upcoming live sharing feature on Google Meet.
Kahoot! is on a mission to make learning awesome! We want to empower everyone, including children, students, and employees to unlock their full learning potential. Our learning platform makes it easy for any individual or corporation to create, share, and host learning sessions that drive compelling engagement. Launched in 2013, Kahoot!'s vision is to build the leading learning platform in the world. Since launch, Kahoot! has hosted hundreds of millions of learning sessions with 8 billion participants (non-unique) in more than 200 countries and regions. The Kahoot! Group includes Clever, the leading US K-12 EdTech learning platform, together with the learning apps DragonBox, Poio, Drops, Actimo, Motimate, and Whiteboard.fi. The Kahoot! Group is headquartered in Oslo, Norway with offices in the US, the UK, France, Finland, Estonia, Denmark, Spain and Poland. Kahoot! is listed on the Oslo Stock Exchange under the ticker KAHOT.
EDUCATION TECHNOLOGY, ONLINE EDUCATION
YuJa Inc | September 20, 2022
Ed-tech solution leader YuJa, Inc. released a number of new and updated features across its portfolio of products this quarter. Products include: the YuJa Enterprise Video Platform, YuJa Video Conferencing Platform, YuJa Panorama for Digital Accessibility, YuJa Himalayas for Enterprise Archiving, YuJa Engage Student Response System, and YuJa Verity Test Proctoring
“At YuJa, we know that enterprise education technology continues to evolve. Our mission is to evolve with it so we can help institutions of all sizes easily manage technology tools that power their learning experiences,Everyone from our engineers, to sales and support teams works to ensure our software solutions are meeting and exceeding the expectations of the institutions we serve.”
Nathan Arora, Chief Business Officer at YuJa, Inc.
Highlighted feature introductions and updates are listed below.
YuJa Enterprise Video Platform
YuJa’s flagship product, the YuJa Enterprise Video Platform, now offers a new CampusTube video experience, a new Cielo24 human captioning enterprise connector, dynamic feedback for video quizzes, new API, and many WCAG 2.1-aligned accessibility improvements to enrich your Video Platform experience. Other updates include in-depth Live Stream statistics across the Hardware Hub, Software Capture and RTMP initiated live streams, new customizations for the Canvas LTI 1.3 integration, a new Sub-Admin Captioner role, consent forms workflows, and a new Facial Analysis tool.
In addition to the Video Platform, other products also saw a number of updates to enhance user experience and product capabilities.
YuJa Panorama for Digital Accessibility
YuJa Panorama for Digital Accessibility now has dynamic accessibility suggestions for WYSIWYG text regions, language translation support for Text-to-Speech, increased options for Website Accessibility, enhancement to Panorama’s ability to generate Accessibility Reports, and more, making it simpler to gauge accessibility and fix issues. Additionally, YuJa Panorama’s website accessibility tool has been updated and can now be integrated into the LMS at the institution and course levels.
YuJa Media Capture Portfolio
YuJa Software Capture for PC now has a Microsoft PowerPoint Ribbon add-on that enables users to auto-sync the start and end of the recording during their presentation session in just a few simple clicks in PowerPoint's configuration tab.
YuJa Video Conference Platform
The Video Conference Platform now offers virtual backgrounds, enhanced sharing capabilities and provides meeting owners the option to manage the waiting room and admit participants individually or all at once.
YuJa Himalayas for Enterprise Archiving
YuJa Himalayas for Enterprise Archiving now offers a Recurring Jobs tab to manage upcoming archive jobs, a more accurate representation of file sizes, and an enhanced user interface to make the data archiving and compliance process seamless.
About YuJa, Inc.
YuJa is a leader in ed-tech solutions. Our platforms provide organizations of all sizes with the tools to educate, engage, inspire and collaborate. We serve learning enterprises within all sectors, including higher-ed, K-12, government, healthcare, non-profit and corporate.
EDUCATION TECHNOLOGY, TALENT DEVELOPMENT
iMocha | September 13, 2022
iMocha, the world's largest skills intelligence and assessment platform, will be participating in the HR Technology Conference & Exposition , Las Vegas, happening from September 13-16, 2022. iMocha will be showcasing its Skills Intelligence and Assessment platform at the show booth number 4934.During the exposition, iMocha will exhibit its new patented technology, AI-LogicBox, an effective coding simulator and a pseudo-coding platform along with host of other unique skill assessment technologies (including Live Coding Interviews, AI-EnglishPro, AI-Enabled Proctoring). More than 300+ global organizations, including 8 of Fortune 500 and other larger enterprises, trust iMocha's platform to hire new employees, identify skill gap, measure the effectiveness of learning programs, and build organizational skill meter to build future-ready tech teams. iMocha continues to make ground-breaking contributions to the HR technology architecture through its future-ready skills assessment platform. We are extremely happy to be present at the HR Technology Conference where the who's who of HR Technology leaders will discuss and share ideas around driving HR success through technology." said Sujit Karpe, Co-founder & CTO of iMocha.
"We see skill taxonomies and job role definitions change almost on a yearly basis, and enterprises are looking for ways to validate the skills of their workforce from hire to retire. Towards that, iMocha has built a scalable, feature-rich platform that accelerates time to hire, provides individual to organizational level skill reports, and enables both HR and hiring managers to make smarter talent decisions. At the event, along with our skill intelligence and assessment platform, we will be showcasing our newly patented pseudo coding platform, AI-LogicBox, which enables coding/tech skills assessment done intelligently, without making candidates code from scratch, providing the best possible candidate experience."
Prabakaran Murugaiah, Country Manager – US, iMocha.
iMocha is a skills intelligence and assessment platform that enables talent leaders to make smarter talent decisions. 300+ organizations use the platform across 70+ countries to acquire job-fit talent faster and to measure the ROI from their talent development and learning initiatives. It empowers talent teams with the largest skill library with 2500+ assessments, an asynchronous interview platform, AI-LogicBox (AI-based pseudo-coding simulator), AI-powered language analyzer, skill benchmarking, upskilling dashboard, talent analytics, proctoring, fraud detection, and custom assessment consulting, etc.