Echo360 gets $31m from Revolution Growth
Provider of blended learning and lecture capture solutions Echo360 has announced a new investment from Revolution Growth, a fund founded by AOL vets Steve Case, Ted Leonsis, & Donn Davis who, as a result of the investment, will be joining Echo’s board.
Already in use at more than 500 leading institutions of higher education, Echo360 will use the capital toward their goal of reaching 50% of all college students within 5 years.
“Technology has had a transformative impact on many facets of our lives – but the one major area where we have failed to leverage technology to its potential is in education,” said Revolution Growth Co-founder Steve Case. “Echo360 empowers universities and colleges to enhance and extend the classroom experience to bring a much needed revolution to higher-education. Blended learning is about marrying the best of online with the best of in-person teaching, and that is what Echo360 enables.”
Get the full story at Venture Beat
Also check out:
Echo360′s blog post on the latest funding