GoGuardian, which provides a suite of classroom management and student safety solutions, has acquired Edulastic, the companies announced this week.
Edulastic describes itself as a next-generation formative online assessment platform that helps teachers quickly identify learning gaps, give students differentiated assignments to meet individual learning needs, and monitors students’ progress on the way to standards mastery.
The acquisition will advance Los Angeles-based GoGuardian’s mission to create the “ultimate learning platform,” the announcement says.
“Gauging student understanding is a vital element of effective teaching and learning. The Edulastic team has created sophisticated, data-driven solutions that provide teachers with real-time, actionable insights that support great teaching and improved outcomes,” GoGuardian co-founder and CEO Advait Shinde said in a statement. “We couldn’t be more excited to welcome the talented Edulastic team into the GoGuardian f
GoGuardian Acquires Edulastic, Bringing Best-in-Class Online Assessments to the Leading K-12 Digital Learning Platform
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Tasktop Closes $100 Million in New Funding, Cements Position as the Universal Standard for Value Stream Management
Investment led by Sumeru Equity Partners set to fuel Tasktop s growth and innovation in optimizing software delivery at scale
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VANCOUVER, BC, April 8, 2021 /PRNewswire/
Tasktop, the company creating the universal integration and visualization standard for value stream management (VSM), today announced a strategic investment from Sumeru Equity Partners (SEP), a growth-focused technology investment firm based in the San Francisco Bay Area, to accelerate growth and expand market leadership. Management and existing investors participated in the $100 million investment. As a part of the transaction, existing Tasktop investors will continue as significant shareholders and Jason Babcoke and George Kadifa will join the board of directors.
With Fortune 500 clients, revenue growth, Tasktop raises $126 million CAD in growth equity
Tasktop has raised $126 million CAD ($100 million USD) in growth equity financing, following several years of significant growth for the Vancouver-based SaaS startup.
The round was led by Sumeru Equity Partners, a growth equity firm headquartered in California. Tasktop’s previous investors, Yaletown Partners and Elsewhere Partners, also participated as part of the round. To date, the firm has raised $130 million USD.
“It has been just an absolutely amazing feeling to see the market really wake up to this problem.”
The raise comes after years of scaling, which has led Tasktop to amass an impressive roster of Fortune 500 clients, revenue growth, and a team nearing 200 people. The startup is looking to use the funding to continue this growth trajectory.
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