Schoology Explained

Schoology
Logo Alt:The Schoology logo.
Owner:PowerSchool
Current Status:Active

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

Company History

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]

Use

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.

Notes and References

  1. Web site: About Us . live . https://web.archive.org/web/20130324102126/https://www.schoology.com/history.php . 24 March 2013 . Schoology.
  2. Web site: Empson. Rip. 1M Users Strong, Schoology Grabs $6M To Take On Blackboard, Moodle. 16 April 2012 .
  3. Web site: Pofeldt. Elaine. Disruptive Classroom Technology Lures VCs In New Round. .
  4. Web site: Crook. Jordan. November 10, 2015. Schoology Cloud-Based Education Platform Lands $32 Million Series D. TechCrunch.
  5. Web site: November 19, 2013. How Does an LMS Go Viral Worldwide? Schoology Shares Secrets to Growth. EdSurge.
  6. Web site: 2019-11-27 . PowerSchool Completes Schoology Purchase in March Toward ‘Unified’ K-12 Data Ecosystem - EdSurge News . 2024-04-11 . EdSurge . en.
  7. News: Moran, Gwen. October 2010. The Rise of the Virtual Classroom. Irvine, California. June 15, 2011.
  8. News: August 2010. New Program Merges Learning Management and Social Media Platforms. Norwalk, Connecticut. June 15, 2011.