Schoology

Last updated
Schoology
Schoology Logo.svg
FoundedMay 1 2009
Owner PowerSchool
Founder(s)
  • Jeremy Friedman
  • Ryan Hwang
  • Tim Trinidad
URL www.schoology.com
Current statusActive

Schoology is a learning management system for schools and businesses, targeted mainly at schools.

Contents

Company History

Schoology was designed by Jeremy Friedman, Ryan Hwang, and Tim Trinidad in 2007 while studying at Washington University in St. Louis. [1] Originally designed for sharing notes, features were gradually added and modified.

Schoology secured its first round of equity financing, totaling $1,250,000, with an investment of unknown origin in 2009 and an investment by Meakam Becker Venture Capital in June 2010. In 2012, Schoology raised $6 million in a round led by Firstmark Capital; in 2014, Schoology raised $15 million in a funding round led by Intel Capital; [2] [3] in November 2015, Schoology raised $32 million in a funding round, led by JMI Equity. [4]

In November 2013, Schoology had over 7.5 million users across about 60,000 schools. [5]

Schoology was acquired by PowerSchool in November 2019. [6]

Use

Among Schoology's features are attendance records, grades, exams, and homework. The interface consists of a list of task and links to folders and assignments for students. [7] Schoology can be integrated with the school's current grading system. [8] Visually, Schoology is very similar to the environment of many social networks.

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References

  1. "About Us". Schoology. Archived from the original on 24 March 2013.
  2. Empson, Rip (16 April 2012). "1M Users Strong, Schoology Grabs $6M To Take On Blackboard, Moodle".
  3. Pofeldt, Elaine. "Disruptive Classroom Technology Lures VCs In New Round". Forbes .
  4. Crook, Jordan (November 10, 2015). "Schoology Cloud-Based Education Platform Lands $32 Million Series D". TechCrunch.
  5. "How Does an LMS Go Viral Worldwide? Schoology Shares Secrets to Growth". EdSurge . November 19, 2013.
  6. "PowerSchool Completes Schoology Purchase in March Toward 'Unified' K-12 Data Ecosystem - EdSurge News". EdSurge. 2019-11-27. Retrieved 2024-04-11.
  7. Moran, Gwen (October 2010). "The Rise of the Virtual Classroom". Irvine, California. Retrieved June 15, 2011.
  8. "New Program Merges Learning Management and Social Media Platforms". Norwalk, Connecticut. August 2010. Retrieved June 15, 2011.