7 reasons E-rate funding is critical for schools and libraries

Reliable high-speed internet access isn’t a “nice to have” – it’s absolutely essential for teaching and learning. Without reliable connectivity, students and teachers lose access to the digital tools and resources that make learning engaging and relevant.

In its annual E-rate Trends Survey, E-rate compliance services firm Funds For Learning takes a look at the federal E-rate funding landscape and analyzes how the funding stream supports learning in schools and libraries.

“This year’s Trends Report indicates that the E-rate program is solid and steady,” said John Harrington, CEO of Funds For Learning. “While connectivity needs continue to evolve, the Trends Report tells a very important story about E-rate as a vital resource for schools and libraries. The past two school years have showed us that school communities depend upon broadband access and network security.”…Read More

3 reasons E-rate funding remains critical for school internet access

The federal E-rate program remains a vital and trusted funding source to bring “mission-critical” internet access to schools and libraries, according to an annual report tracking trends and developments related to the federal funding stream.

The 2021 E-rate Trends Report, from E-rate compliance services firm Funds For Learning, arrives as school systems work through COVID-related impacts, including the Homework Gap and on- and off-campus broadband needs.

Responses from a record-breaking 2,164 applicants indicate that E-rate remains essential, and network security is now an urgent concern.…Read More

YaizY Lands $2.1M Seed Investment To Transform The Traditional Learning System By Turning Kids’ Passions Into Professions

New York, NY (December 6, 2021)  – EdTech startup YaizY, an online platform with a wide range of curated courses in advanced digital subjects for kids, announced today a $2.1M seed round with total funding nearing $3 million. The live online education platform allows 8-to-17-year-olds to develop and refine future-proof skills in areas such as innovation, leadership, design, and multimedia arts will use the funds to expedite YaizY’s expansion in the US, further grow the customer base in UK and Israel, increase development of the live education platform and support the launch of fun, yet rigorous courses for students to learn from for years to come. 

The investment is coming from LearnStart, Flyer One Ventures, YellowRockets.vc, Angelsdeck, A.Partners, Vesdar Capital, and ALFIN. This is YaizY’s second investment round after the initial $800,000 equity round closed in January 2021. 

Founded by a global team of entrepreneurs, industry experts, and professionally trained, award-winning educators with decades of international experience, YaizY rapidly expanded to the US late last year. As YaizY bridges the gap between today’s traditional educational system and what’s needed to succeed in the job market of tomorrow, the platform has experienced 500% growth in the number of active paying students from May 2020 to May 2021, earning the trust of the 4,000+ families who trust the Yaizy philosophy and are continuing to invest in their child’s future. To date, more than 15,000 students have attended YaizY’s seminars and workshops with year-over-year revenue growth up 450%.…Read More

Renaissance Announces Significant Growth Investment from Blackstone

NEW YORK, SAN FRANCISCO, WISCONSIN RAPIDS, Wis. November 9, 2021 – Renaissance® (“Renaissance” or the “Company”), a global leader in pre-K–12 educational technology, today announced its entry into a definitive agreement for private equity funds managed by Blackstone (NYSE:BX; “Blackstone”) to make a significant equity investment in the Company alongside existing investors including Francisco Partners and TPG’s The Rise Fund. Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, acquired the Company in 2018 and will remain a major shareholder. Blackstone’s investment will be made through its flagship private equity vehicle. 

Founded in 1986, Renaissance combines decades of experience in assessments with personalized instruction and analytics solutions delivering teachers and administrators the tools to plan, lessons to teach, and the resources to motivate students to learn. Renaissance is one of the most recognized and trusted brands in K-12 education serving more than 40% of US schools and more than 16 million students worldwide. The Company’s assessment-driven, integrated instructional ecosystem enables schools and districts to benchmark student progress; teach, plan, and respond to students’ needs in real-time with personalized instruction; and offer supplemental student literacy and math learning software solutions. 

The new investment from Blackstone will enable the Company to further accelerate organic growth initiatives and innovation across its product suite. Building on the platform’s growth under Francisco Partners, the investment will also enable the Company to continue executing on its targeted acquisition strategy following its recent acquisitions earlier this year of Lalilo, a research-based foundational literacy program; and Nearpod, a leader in teacher-facilitated instructional delivery. …Read More