News + Ideas
EdSurge Nabs $400K From Washington Post, NewSchools To Be A Resource For All Things EdTech
September 4, 2012
When I decided to begin covering the intersection of technology, entrepreneurship and education more seriously, my first goal was to seek out the best resources, or community watering holes, for edtech information. Anyone who has embarked on a similar quest will tell you that, while sites like Inside Higher Ed do a great job of carrying the torch, traditionally the market for edtech news and info has been seriously fragmented, with (thin) coverage scattered across a number of small, niche sites.
However, beginning last year, veterans of the space like Jon Bischke increasingly began pointing me to a new site called EdSurge, which was reportedly on a mission to glue the fragmented market back together.
Founded in February 2011 by long-time journalists and veterans of education technology, EdSurge set out to create an online hub through which entrepreneurs could better connect with the educators using their products and vice versa. By way of its popular weekly eNewsletter and website, the startup provides insiders and outsiders with an alternative to Consumer Reports or Yelp — a source of unbiased information on the people, products and companies working to bring some innovation (and funk) to the crossroads of education and technology.
The startup grew to a team of seven thanks to early financial support from Bill Gates (through grants from The Bill and Melinda Gates Foundation) and others. But, now more than a year removed from launch, EdSurge is looking to expand the breadth of its coverage and further develop independent reviews of edtech startups and products. To do so, the startup is today announcing that it has secured $400K in seed funding from institutional and angel investors, including the Washington Post Company, NewSchools Venture Fund, Allen & Co. execs Nancy Peretsman and Gillian Munson, O’Reilly Media exec Dale Dougherty, and Judy Estrin.
[Read the full article at TechCrunch]