LightSail Education Raises $3.5M in Series A Funding

LightSail_LogoLightSail Education, a New York-based developer of K-12 digital literacy solutions, raised $3.5m in Series A funding.

The round was led by Ricardo A. Sagrera of Viceroy Ventures with participation from:
– Joel Greenblatt of Gotham Capital;
– Chuck Strauch, former Chairman & CEO, PairGain Technologies;
– Dan Nir of Sargent Capital;
– Lisa Lippman of Brown Harris Stevens;
– Paul Appelbaum, Co-Founder of; and
– Zac Zeitlin, an education technology angel investor, and
– others.

The company intends to use the funds to expand content partnerships, product development, and increase adoption of its solution in schools nationwide.

Led by Gideon Stein, Co-Founder and CEO, and and Chief Academic Officer Jessica Reid Sliwerski, LightSail provides students with personalized tablet-based libraries drawing from more than 18,000 e-books. It embeds assessments and analytics in students’ texts, monitoring their Lexile measures, Common Core progress and reading habits.
Teachers receive real-time data along with tools designed to support best literacy instruction practices in classrooms.



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