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Higher Ground Education Acquires Altitude Learning LMS

socalTECH

Lake Forest-based Higher Ground Education, which operates a network of Montessori schools in the US and China, says it has acquired software developer Altitude Learning LMS. According to Higher Ground, it has acquired the Altitude Learning LMS technology, along with Altitude's product and engineering teams.

Education 113
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Clearlake Capital Buys Dude Solutions

socalTECH

Santa Monica-based private equity investor Clearlake Capital Group has acquired Dude Solutions , a developer of operations management software, which was based in Cary, North Carolina. Clearlake Capital acquired Dude Solutions from another private equity firm, Warburg Pincus. Financial details of the acquisition were not annoucned.

Capital 113
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OzoBot Raises $3M For Educational Robots

socalTECH

Redondo Beach-based Ozobot , which develops educational robots used for teaching software coding, has raised $3M in a Series A funding round, the company said late Wednesday. Ozobot said the new funding goes towards product development of its products. The funding was led by Tribeca Venture Partners.

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United Scope Acquired By L Squared Capital Partners

socalTECH

Irvine-based United Scope , a maker of microscopes and accessories which operates under the name AmScope , has been acquired by private equity investor L Squared Capital Partners , via a majority recapitalization. United Scope sells its products to the education market, life sciences, scientific research, and industrial inspection markets.

Capital 113
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L Squared Sells Portfolio Company, Learners Edge

socalTECH

Newport Beach-based private equity investor L Squared Capital Partners says it has successfully sold one of its portfolio companies, Learners Edge , to another private equity investor, Quad-C Management. Learners Edge provides professional education products to teachers. Financial details of the sale were not announced.

Company 113
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Sketchy Takes On MCATs In Partner Deal

socalTECH

Los Angeles-based Sketchy, an educational technology company known for creating visual study tools, says it is taking aim at the MCAT (Medical College Admission Test) in a deal with Blueprint, a provider of MCAT prep products. Sketchy is backed by TCG and Reach Capital, who invested $30 million in the company in 2020.

Study 113
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10 Ways To Get The Capital You Need For Your Startup

Startup Professionals Musings

Solicit venture capital investors. Here people make online pledges to your startup during a campaign, to pre-buy the product for later delivery, give donations, or qualify for a reward, such as a tee-shirt. Most provide free resources to startups, including office facilities and consulting, but many provide seed funding as well.

Startup 106