Downtown Baltimore education-technology startup 1sqbox expects to close a second round of angel financing worth $5 million by middle 2013. The second round comes after an initial round worth $330,000, according to BmoreMedia.
The product 1sqbox sells is proprietary, classroom-management software for students in kindergarten through 12th grade. The software runs on Android-equipped tablets the startup also sells to schools.
Last year, 1sqbox launched a pilot program in City Springs Middle School, a charter school in East Baltimore. The Abell Foundation funded the purchase of 100 tablets. Templeton says the tablets average $349 each, depending on amount ordered. [more]
At present, 1sqbox has contracts with two schools in Tennessee and four schools in Baltimore, including Baltimore Leadership School for Young Women, which played host to December’s VEXmas Classic robotics competition.
Knowledge is power!
Subscribe for free today and stay up to date with news and tips you need to grow your career and connect with our vibrant tech community.