TechCrunch | 11.10.15

Schoology Cloud-Based Education Platform Lands $32 Million Series D

By Jordan Crook

Schoology, the learning management system that focuses on cloud collaboration, has today announced the close of a $32 million Series D financing led by JMI Equity, with participation from existing investors including FirstMark Capital, Intel Capital and Great Road Holdings.

Schoology was founded back in 2009 and has pressed through the education sector’s slow pace of innovation to bring a product to market that can truly help students and teachers. Here’s how it works:

Starting with K12, but rapidly expanding in higher education, Schoology lets teachers create curricula on the platform and share it with students. But beyond that, Schoology’s content is all in the cloud, across 12 million users in more than 130 countries, meaning teachers can share their courses and materials with other teachers. Moreover, third parties can build applications on top of Schoology, preventing students and parents from having a dozen log-ins to various pieces of software for each of their classes.

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