Echo360, a Reston, VA-based provider of digital technologies that improve learning, closed a $18M Series C growth equity funding.
The round was co-led by Duchossois Capital Management and a private family office with participation from SWaN & Legend, CNF Investments, and existing investor Revolution Growth. The co-lead investors will each appoint a representative to the Board of Directors.
The company intends to use the funds to accelerate deployment of the newly launched platform, Echo360 active learning platform, a SaaS learning and analytics solution for higher education.
Led by Fred Singer, CEO, Echo360 provides an active learning technology to enhance students’ educational experience before, during and after class. It aims to increase in-class participation with digital polling, provides a rich out-of-class experience by recording and publishing course instruction, and delivers usage analytics to help instructors respond to student needs. Students can revisit lectures, collaborate with peers, and participate in class on smartphones, tablets, and laptops.
[youtube id=”GtiN03Bn-FY” width=”620″ height=”360″]
FinSMEs
12/11/2014