Teachscape, a consultancy that provides online training to school teachers, has announced its purchase of Edgenuity, maker of software that helps schools craft instruction plans. The San Francisco-based firm plans to use its acquisition's technology to build a web-based platform for school districts to measure how well their teachers and curricula are performing, enforcing a greater degree of accountability. Financial terms of the all-stock deal have not been disclosed.
Called the Edgenuity Achievement Suite, the software Edgenuity currently offers processes various sources of data to recommend how and when educators should teach certain academic subjects. The primary factor is student performance, which -- once aggregated -- also shows teachers how and why they should adjust their techniques to increase achievement across all of their classes.
Sunnyvale, Calif.-based Edgenuity had raised $5.7 million in capital from Altos Ventures and Sigma Partners. Both firms will receive stock in Teachscape, which has brought in $30 million over four rounds from Arcadia Partners, Quad Partners, Sprout Group and WS Investments, reports VentureWire.