Educreations Grabs $2.2M From Accel, NewSchools To Turn Your iPad Into Your Classroom | TechCrunch
Ottway Ducard stashed this in education
That’s where Educreations comes in. After graduating from Imagine K12′s education-specific startup accelerator, the company launched early this year to make it easy for teachers (and everyone else) to create, narrate and record video whiteboard tutorials on the Web and the iPad — and share them with the world.
Today, the startup is announcing that it has raised $2.2 million in series A financing from Accel Partners and NewSchools Venture fund and a number of angel investors, including Matthew Greenfield, Tabreez Verjee, and David and Julia Popowitz (the latter of whom was an early deputy general counsel at Facebook). As part of the round, Accel Partner Rich Wong will join the startup’s board of directors.
When asked about his interest in Educreations, the Accel Partner tells us that he was attracted to the experience of its co-founders, Wade Roberts and Chris Streeter, particularly in their familiarity with the mechanics of making a viral social app. Roberts, for example, spent several years developing apps for Facebook’s platform, including Pieces Of Flair, which attracted 20 million users over the course of the year. He sold the app to RockYou in 2008 and joined the company as part of the sale, where Streeter was already working.
At that point, Roberts says, he was frustrated with the fact that the brightest minds of younger generations were focused on building ads and photo-sharing apps, so he and Streeter decided to take their experience building viral apps and bring a more engaging and intuitive user experience to the underserved education market.
Exciting news for the space!