Venture Capital in Education Summit 2011 Announces 10 EdTech Innovators for Education Innovators Showcase
Early-Stage Companies Given the Opportunity to Present Their Products to Strategic Investors and Influential Leaders in the Education Industry in New York City on June 14 and 15
NEW YORK, NY -- (Marketwire) -- 06/06/11 -- The Venture Capital in Education Summit 2011, to be held at the IAC HQ in New York City on June 14 and 15, announced today the ten early-stage companies selected to participate in its "Education Innovators Showcase." The selected companies provide technology-enabled solutions to an array of K-20 education issues. Each of the selected companies will have the rare opportunity to present their products to Summit attendees, which include venture capitalists, angel investors, strategic investors and influential leaders in the education industry.
The ten companies were selected from nearly 100 applications and represent ideas that are best poised to make their mark in the education sector. From smart flash cards to interactive globes to tools that help provide better and quicker assessments of students, teachers and school districts, these companies stand ready to transform segments of the education landscape.
"This is an exciting time in EdTech. The opportunity for technology-based solutions in education is tremendous. The ten companies selected for the 'Education Innovators Showcase' are demonstrative of the diversity of ideas that are developing in this industry as well as how existing verticals can be stretched to new limits," said Adam Newman, co-founder and managing partner at Education Growth Advisors, a revenue strategy consultancy exclusively serving the education sector. "Each year the Venture Capital in Education Summit accelerates entrepreneurial innovation and investment in education; the Showcase is a central part of that mission."
The names of the ten Showcase participants and short descriptions of each company are below:
Further details about the companies participating in the Education Innovators Showcase can be found at the Venture Capital in Education Summit website.
The companies were selected through an application process that was judged by representatives from the Summit's host organizations and sponsors, including: Education Growth Advisors; Startl, a not-for-profit dedicated to accelerating education technology startups; Houghton Mifflin Harcourt, a leading global education company committed to addressing education's dynamic challenges; and, The Apollo Group, a leading provider of higher education programs. All selected companies are pre-Series A enterprises that have demonstrated market traction and are deploying innovative technology-enabled solutions for enhancing learning or improving the operational performance of education institutions.
"Technology-based solutions are flooding every industry, except education. It is time for those in the private sector to step up to the plate and drive development in the EdTech industry," said Phoenix Wang, co-founder and managing director, Startl, "The Summit seeks to explore the current dynamics and activities at the leading edge of the industry and offer investors the chance to meet early-stage companies in order to promote industry growth."
The theme of the 2011 Summit is "Education Taking Flight," which will explore the arc of an entrepreneurial venture, and the different experiences that education technology companies encounter as they travel from lift off to landing. The Summit will also feature a Spotlight Panel on the topic of Gaming and Game-Based Learning.
Sponsors of the Venture Capital in Education Summit 2011 include Houghton Mifflin Harcourt, The Apollo Group, Wireless Generation, Berkery Noyes, and Poken. For more information about the event, visit http://www.venturecapitalineducation.com/ or email firstname.lastname@example.org.
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