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Cloud-Based Learning Management System Receives $32 Million in Financing

Cloud-Based Learning Management System Receives $32 Million in Financing

Schoology has announced the close of a $32 million round of financing from investors, bringing its total money raised to $57 million and further proving the support of cloud-based learning management systems in K-12 schools.

" Schoology lets teachers create curricula on the platform and share it with students. But beyond that, Schoology’s content is all in the cloud, across 12 million users in more than 130 countries, meaning teachers can share their courses and materials with other teachers,” said TechCrunch.com.

"Moreover, third parties can build applications on top of Schoology, preventing students and parents from having a dozen log-ins to various pieces of software for each of their classes.”

Schoology offers two different programs- one that’s free for the individual teacher and an enterprise-grade product that is designed for entire school districts and universities and is priced per student, per year.

Schoology told TechCrunch it currently has 1,000 enterprise clients including the second largest school district in the country- Los Angeles Unified School District.

Teachers have praised learning management systems like Schoology for helping them save time grading papers and providing more time for creating assignments.

Students also favor the program; many say the notifications that they get before an assignment help them stay on track.

To find out how school districts choose a learning management system like Schoology, read here.

Article by Nicole Gorman, Education World Contributor

11/10/2015

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