Milpitas, CA -Nov 8, 2013 – ScootPad, a leading personalized learning platform, today announced it closed $1 million in seed funding and added significant momentum to its growth with its adoption across 27,000 schools. ScootPad attracted 140,000 teachers from all 50 states in a short 1-year period serving over 1.4 million students across grades K-5.
ScootPad also announced today that Harold Levy, currently a Managing Director at Palm Ventures, will join its advisory board. Mr. Levy was formerly the New York City Schools Chancellor & Executive Vice President and General Counsel of Kaplan, Inc., He holds a B.S. and J.D. from Cornell and a M.A. (PPE) from Oxford. Mr. Levy is a trustee of Pace University and a member of the Presidential Advisory Committee of Teachers College, Columbia University.
“ScootPad is both teacher-respectful and student-sensitive. It’s responsive to teacher needs by making it easier for them to contour instruction to the differing needs of the individual student,” said Harold Levy. “This is exactly the kind of technology that will shape the future of education; it’s simple yet powerful. I’m delighted to be advising ScootPad.”
Investors participating in this round include Brad Buss (CFO & EVP, Cypress Semiconductor. BOD: Tesla Motors, CafePress), Michael Tate (Ex-CFO, NetLogic Microsystems, Marvell & Galileo Technology), John Keller (Founder of Ranger Marketing GmbH), Ron Jankov (SVP & GM, Broadcom. Ex-CEO, Netlogic Microsystems), Abe Korgav (Ex-SVP WW Biz Operations, Netlogic Microsystems) and Roland Cortes (Ex-General Counsel, Netlogic Microsystems).
“Challenging the education status quo and transforming student learning using technology isn’t easy! We’re honored to work with such high caliber investors & advisers who help us innovate and dream BIG” said Bharat Kumar & Maya Gadde, ScootPad’s Co-Founders.
“Education is overdue for a major digital disruption and ScootPad is at the forefront of this revolution,” said Brad Buss. “I am excited to stand behind the ScootPad management team as they continue to innovate and shape the future of education.”
“ScootPad’s rapid adoption and overwhelming positive user feedback is a testament to the value and need for such a breakthrough application,” stated Michael Tate. “I am excited to be involved with such a strong management team to help bring this important and needed educational tool to the market. The ScootPad platform is truly revolutionary where it both simplifies and improves the educational process while also lowering the total cost of education.”
“The creativity and great execution of the ScootPad management team is bringing truly valuable tools to students around the world while at the same time providing a more cost effective solution to expand the accessibility of these educational tools to many more students,” said Ron Jankov. “I am proud to be part of the team backing this very important venture.”
Founded in 2011, ScootPad is an advanced content delivery and engagement platform that enables deeply personalized and rapidly accelerated learning experience for each student. Since it’s launch in 2012, 27,000+ schools across 8,000+ districts have started using ScootPad (and growing rapidly by word-of-mouth). For more information, visit www.scootpad.com.