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Posts Tagged ‘e-learning software’

Baltimore-based Moodlerooms chalks up $3M for e-learning software

Friday, June 24th, 2011

MoodleroomsMoodlerooms Inc., a Baltimore-based e-learning software company, has raised $2.99 million of  a targeted $3.39 million offering, according to a filing with the U.S. Securities and Exchange Commission.

Moodlerooms was a presenting company at TechMedia’s 2011 Southeast Venture Conference in Atlanta in February.

Moodlerooms was founded in 2005 by former teachers Tom Murdock, Sheila Gatling and Gina Russell-Stevens. Its course management system, is based on the open source Moodle system, a free Web application that teachers use to create online learning sites.

Investors include Longworth Venture Partners, Kaplan Ventures, Frank A. Bonsal III, and New Markets Growth Fund.

See also: Moodlerooms chalks up $7.15M

Atlanta’s Kaplan IT Learning buys Atlantic Link

Tuesday, March 2nd, 2010

Atlanta's Kaplan IT Learning acquires Atlantic Link

ATLANTA – Kaplan IT Learning, a leading provider of technology solutions enabling organizations to rapidly develop and deploy e-learning and prepare for technology certifications,  has completed the acquisition of Atlantic Link, a leading provider of collaborative rapid e-learning authoring software.

We’ve seen a number of deals on the education IT front lately. It’s an active sector on the investment and M&A front. What we didn’t see here were financial details of the transaction.

Brian Sholly, president of Kaplan IT Learning said of the acquisition, “This rare opportunity will allow Kaplan to expand our market presence globally and offer a much larger selection of products. Our clients are very interested in creating professional training lessons for soft skills as well as IT application training, so bringing Atlantic Link on board will help meet their needs. Atlantic Link’s products are highly reputable around the world and have won numerous industry awards. We plan to expand this success to further meet the needs of Kaplan’s global customers.”

Kaplan IT Learning is a division of Kaplan, Inc., a global leader in education services and a subsidiary of The Washington Post Company.

www.kaplanitlearning.com