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Engrade
Engrade is an educational technology company that provides online learning management system and educational assessment products to K-12 school districts. Engrade was founded in 2003 and later acquired by McGraw-Hill Education in January 2014.〔Empson, Rip (February 9, 2014). ("McGraw-Hill Buys Engrade For ~$50M As It Moves Away From Textbooks, Towards A Future Of SaaS" ). ''TechCrunch''.〕 As of March 2015, Engrade ranks in the top 5,000 US websites.〔Alexa. ("engrade.com: Site Overview" ) (Retrieved 2015-03-24)〕
==History==
Engrade was founded by Bri Holt as a high school student in 2003. The company later received 2 rounds of venture capital funding totaling $8 million from Javelin Venture Partners, Rethink Education, Kapor Capital, New Schools Venture Fund, and Samsung Venture Investment Corp.〔Kolodny, Lora (July 5, 2013). ("Engrade Racks Up $5M to Help Schools Use Data for Improved Learning" ). ''WSJ''.〕〔("Engrade: New Schools Venture Fund Portfolio" )〕〔Isaac, Mike (July 3, 2013). ("EdTech Startup Engrade Raises $5 Million" ). ''All Things D''.〕〔Beltran, Luisa (July 3, 2013). ("Engrade Raises $5 Mln" ). ''PE Hub''.〕〔Mitroff, Sarah (May 2, 2012). ("High school coder gets $3M for his gradebook software, 10-years later" ). ''VentureBeat''.〕 The company grew to a reported 4.5 million users before being acquired by McGraw-Hill Education in January 2014.〔Empson, Rip (July 3, 2014). ("Engrade Lands $5M From Javelin, Samsung And Others To Help Schools Unify Learning Data, Systems In One Platform" ). ''TechCrunch''.〕〔Empson, Rip (February 9, 2014). ("McGraw-Hill Buys Engrade For ~$50M As It Moves Away From Textbooks, Towards A Future Of SaaS" ). ''TechCrunch''.〕
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