Education.com – VC funded with $4.5m
Education.com is a community driven portal for parents seeking information from experts and other parents on issues for preschool through to high school. It is a direct competitor to Greatschools.net, an extremely high trafficked site by parents, though is a non-profit organization based in San Francisco. Education.com has been funded…here is some information from Market Watch…
“Education.com launched a one-stop online shop for education resources after starting with just a name: Bay Area venture-capital firms Azure Capital Partners and TeleSoft Partners acquired Knowledge Adventure from Vivendi Universal in 2004. Along with the education-software company came a roster of domain names in the education category — including Education.com.
“The board looked at the broad list of domains and looked for the best way to utilize them,” Azure Venture Partner David Limp told VentureWire. “The board knew Education.com was a strong domain. Should we sell it? Should we put up one of these arbitrage sites? When we started to get into it, the beginnings of the new Education.com were formed.”
At the end of last year, Azure and TeleSoft invested $4.5 million in Education.com to create a site dedicated to empowering parents to help their children succeed in school. “It was very interesting to build a company around a domain name.”
Schooling can be a challenging time, with kids being at different developmental rates, it is useful to have a resource to turn to for guidance through these years.
on April 30, 2008 on 5:49 pm
We are authors as well as producers of the award-winning weekly radio program, “PARENTS’ PERSPECTIVE,” aired on stations across the US and (via Armed Forces radio) around the world. Our latest books are: RAISING A SUCCESSFUL CHILD (Ulysses Pub.) and WASHINGTON, DC with KIDS (Fodor’s). We think your site addresses an important need for parents. Our writing about education has covered everything from addressing individual needs, assessing schools, fostering parent-teacher communication, and developing a child’s specific strengths in an academic setting. We would be happy to contribute a relevant article to your site–perhaps “Ten Tips For Evaluating Your Child’s School,” as parents think about the upcoming academic year. We are open to suggestions and will look forward to hearing from you. Our programs are also podcast; you might want to log on to: http://www.parentsperspective.org.
Sandra Burt & Linda Perlis
Producers/Hosts, “PARENTS’ PERSPECTIVE”
http://www.parentsperspective.org