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NewSchools Venture Fund CEO Ted Mitchell takes on Under Secretary Position at U.S Department of Education

NewSchools leader’s decade of strong leadership sets up organization for future successOakland, CA—May 8, 2014—Ted Mitchell, the chief executive officer who led a dramatic expansion of the NewSchools Venture Fund over the past decade, was confirmed today as Under Secretary of Education at the U.S. Department of Education.Providing seed capital and sound counsel to some of our nation’s leading education entrepreneurs, NewSchools harnesses their energy and vision to solve the biggest challenges […] Read more

Deputy Secretary of Education Addresses Philanthropy, Business And Education Leaders on Diversity in Leadership Ranks of Education Reform

Jim Shelton, the deputy secretary, called on the nearly 1,000 educators gathered at the NewSchool Venture Fund’s 2014 Summit to act urgently to diversify their own leadership ranks. Joined by D.C. Public Schools Chancellor, Kaya Henderson; TFA Co-President, Elisa Villanueva Beard; KIPP Foundation CEO, Richard Barth; and John Rice, founder and CEO of Management Leadership for Tomorrow, Shelton cautioned that a large and growing gap between the demographic composition of America’s student population, and its education leaders, threatens efforts to close the achievement gaps between poor students of color and their affluent, largely white peers. Read more

NewSchools Recognizes Top Entrepreneurs and Innovators for their Contributions to Public Education

Burlingame, Calif. – April 29, 2014 – NewSchools Venture Fund (www.newschools.org), a nonprofit venture philanthropy firm that partners with entrepreneurs to provide all students with an excellent public education and the promise of a bright future, announces the recipients of its 2014 Awards. Since 2002, NewSchools has celebrated the achievements of social innovators in its portfolio by presenting annual awards to outstanding entrepreneurs and organizations. Read more

BrightBytes Expands Educational Footprint: Raises $15 Million to Fuel Growth and Innovation

Bessemer Venture Partners funds BrightBytes’ rapid talent growth and expansion to international markets SAN FRANCISCO, March 12, 2014  BrightBytes, a fast-growing educational analytics organization that counts almost 1 in 10 U.S. schools as customers, announced today that it closed $15 million in Series B funding to accelerate its impressive growth and global expansion. The investment was led by Bessemer Venture Partners (BVP) with participation from existing investors, including Rethink Education and Learn Capital. Previous funders include NewSchools Venture […] Read more

co.lab, the Edtech Accelerator Founded by NewSchools Venture Fund and Zynga.org, Announces Second Cohort

SAN FRANCISCO, March 4, 2014—co.lab, the edtech accelerator created by Zynga.org and NewSchools Venture Fund focused on developing innovative learning games, announced today a second cohort of companies for its four-month program. The accelerator, which launched in September 2013, recently celebrated the graduation of its first cohort, which included Kidaptive, Locomotive Labs, Motion Math, Pluto Media and Edmodo. The second cohort includes seven cutting-edge companies uniquely poised to expand and deepen their impact on academic and social outcomes for children around the world. Read more

LearnBop Wins Top Honors in “Shark-Tank” Type Competition, Sponsored by Silicon Valley Education Foundation and NewSchools Venture Fund

LearnBop is a winner of the first-ever “iHub Pitch Games” challenge in Silicon Valley. The competition, sponsored by the Silicon Valley Education Foundation (SVEF) and NewSchools Venture Fund, featured 10 companies that pitched their middle school math programs to a panel of sharp critics – educators and business leaders – who grilled them about their programs, then picked the top four. Think TV’s “Shark Tank”. Read more

NewSchools’ Seed Fund Raises $12M To Advance Edtech

Palo Alto, CA – February 19, 2014 – NewSchools Seed Fund, which sources and supports high-impact education technology entrepreneurs focused on K-12, today announces it has reached its fundraising goal of $12 million. The funds will enable Seed Fund to continue investing in ventures that aim to make education more accessible, engaging and connected. Read more

Edtech Companies Come Face To Face With “Sharks” In iHub Pitch Games

SAN JOSE, CA. – January 23, 2014 – Education technology entrepreneurs nationwide will gather for the iHub Pitch Games in Silicon Valley on Monday, February 3 to pitch their classroom e-learning products to education and business leaders. Modeled after the TV show, Shark Tank, the iHub Pitch Games give entrepreneurs the opportunity to battle for a place in the Learning Innovation Hub (iHub), a network that facilitates product testing and feedback for e-learning tools. Read more

New Joint Report Outlines Academic And Discipline Trends In DC’s Public Schools

Washington, D.C. – December 11, 2013 – Agencies responsible for public education in the District of Columbia today announced the release of the first-ever District of Columbia School Equity Reports. The reports, supported by education venture philanthropy organization NewSchools Venture Fund, focus on the retention, discipline, academic growth and achievement of all students and moves the District closer to having a complete and transparent view, using the same metrics, of how different public schools serve a range of students. Read more