Steve Case-backed Echo360 becomes first member of new UVA accelerator - Technical.ly DC

Business

Jul. 30, 2015 11:13 am

Steve Case-backed Echo360 becomes first member of new UVA accelerator

The Reston-based learning platform will be receiving backing from the recently launched Jefferson Education Accelerator to conduct research and grow.

Echo360 is an education platform for lecture settings.

(Photo by Flickr user PROvelkr0, used under a Creative Commons license)

After its February launch, the Jefferson Education Accelerator announced its first member: Reston-based Echo360, a learning platform for lecture settings.

The accelerator will help Echo360 conduct research and scale its operations, for an undisclosed amount.

“Our review of its internal data shows strong evidence of significant impact on student engagement and outcomes,” said Jefferson Education Accelerator CEO Bart Epstein in a press release Wednesday.

The organization, based in D.C. and Charlotesville, seeks to help grow already established companies by promoting a research-driven approach to edtech.

“Through formal research and engagement with faculty, students, and administrators, JEA seeks to further document, validate, and communicate the impact of Echo360’s platform,” Epstein added.

Echo360 was founded in 2008 and is backed by Steve Case’s Revolution Growth Fund (to the tune of $31 million, according to a TechCrunch report).

The company operates on a licensing model and now reaches close to 3 million users, according to the release.

-30-
Lalita Clozel

Lalita Clozel was the former Technical.ly DC Lead Reporter. She has written for OpenSecrets.org, the Los Angeles Times and Philadelphia City Paper. As a student at the University of Pennsylvania, she wrote for The Daily Pennsylvanian, covering legal affairs, city politics and labor unions.

Advertisement

Sign-up for regular updates from Technical.ly