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

Schoology
The Schoology logo.
FoundedMay 1 2009
OwnerPowerSchool
Founder(s)
  • Jeremy Friedman
  • Ryan Hwang
  • Tim Trinidad
URLwww.schoology.com
Current statusActive

Company History

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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]

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.

References

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  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.