ScootPad Lands $1mil in Seed Funding, Powers past 27,000 Schools, and Recruits Heavyweights to Board

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.”

About ScootPad

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.

ScootPad adds $600K Seed Funding: Readies for Hyper-Growth!

Milpitas, CA – Feb 18, 2013 – ScootPad, a leading personalized learning platform, today announced $600k in seed funding to accelerate product innovation and support hyper-growth.

This seed round is led by 3 silicon valley based business executives & angel investors:

  • Brad Buss, CFO & EVP, Cypress Semiconductor (BOD: Tesla Motors, CafePress)
  • Michael Tate, Ex-CFO, NetLogic Microsystems (Sold to Broadcom for $3.7 billion)
  • John Keller, Founder of Ranger Marketing GmbH (Europe)

ScootPad recently announced crossing the 1 million user milestone within 6 months of launch – making it one of the world’s fastest-growing education technology companies. ScootPad also released its Premium edition recently to enable deeper personalization and greater student engagement.

“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.”

“We’re honored to work with such high caliber investors & advisors as we embark on our next major growth phase” said Bharat Kumar & Maya Gadde, ScootPad’s Co-Founders. “We’re just getting started! In the coming months, stay tuned for groundbreaking features that will lead classrooms into a new era of learning!”

About ScootPad
Founded in 2011, ScootPad is an advanced content delivery and engagement platform that enables deeply personalized and rapidly accelerated learning experience. Since it’s launch in 2012, 25,000+ schools across 8,000+ districts have started using ScootPad (and growing rapidly by word-of-mouth). For more information, visit www.scootpad.com.