SchoolNet Inc., a New York-based developer of instructional management software for K12 school districts, has merged with CampusWare, a San Antonio, Texas-based provider of a Web-based and standards-aligned district grade book. No financial terms were disclosed. SchoolNet has raised around $41 million in VC funding from The Carlyle Group, Ascend Ventures, Hamilton Lane and the New York State Common Retirement Fund.
SchoolNet(R), Inc., the award-winning education technology company that helps school districts improve efficiency and increase academic achievement, today announced a merger with Campusware(TM), the provider of GradeSpeed(TM), the leading web-based and standards-aligned district grade book with attendance, scheduling, parent access and customizable online reports. GradeSpeed can be used as part of Campusware’s student information system (SIS) called CourseLinks(TM), or can interface seamlessly with any SIS, allowing the easy exchange of data between both programs.
GradeSpeed is used at hundreds of school districts in the United States, including the largest installations anywhere of district-wide grade books.
This strategic merger gives both SchoolNet and Campusware a unique opportunity to enhance the products and services they provide. SchoolNet and Campusware already share customers such as Chicago Public Schools and San Antonio‘s Northside ISD.
“We are continually looking for solutions that help school districts improve efficiency and increase academic achievement,” said Jonathan D. Harber, SchoolNet’s Chief Executive Officer. “GradeSpeed is by far the most scalable and celebrated of grade books around the country. In this new economy, school districts are being asked to do more with less. Combining the power of an Instructional Management System with a web-based grade book will enable districts to align their strategy from the board room to the class room to the living room — and save money by eliminating non-integrated systems.”
“Thousands of educators already know the power of GradeSpeed, our online grade book,” said Bobby Knuth, Founder of Campusware. “We are proud to have been approached by SchoolNet for this merger, and to be the online grade book provider to add to SchoolNet’s wide spectrum of education products and services.”
“SchoolNet and Campusware have both provided great products and services to San Antonio‘s Northside ISD over the past few years,” said Kelly Smith, Northside’s Assistant Superintendent for Technology Services. “We anticipate great things to come with their merger. Both companies bring strengths and resources to the table which, when combined, will certainly help our students, teachers, and administrators continue to be very successful in the classroom.”
GradeSpeed links directly with a district’s SIS and enables teachers to enter standard aligned assignments and record grades easily online as well as to create progress reports, take attendance, and manage seating charts. Administrators have separate tools to review summary reports as well as teachers’ grade books. And, through GradeSpeed’s ParentConnection module, parents can log in to see their student’s grades and attendance, and even set up triggers to be notified by phone, SMS text, or email.
Campusware, based out of San Antonio, Texas, has been making the grading process easier with GradeSpeed since 1989. GradeSpeed is used by teachers, administrators, and parents in over 270 districts, including Austin, Chicago, Dallas, and Nashville. In addition to the grade book software and SIS, additional modules are available to districts including a parental access portal, discipline tracking, attendance, lesson plan management, custom report cards, and more. http://www.gradespeed.net
SchoolNet, Inc. is the leader in Data-Driven Decision Making for K12 school districts. SchoolNet’s award-winning Instructional Management Suite (IMS) helps districts improve efficiency and increase student achievement. The Instructional Management Suite offers modules for Assessment, Reporting, Curriculum Deployment, Professional Development Management, Advanced Analytics, Parent Portals, and Enterprise Dashboards. SchoolNet’s solutions are used successfully by many of the nation’s largest school districts including Chicago Public Schools and the School District of Philadelphia. SchoolNet has been recognized by the Inc. 500 List and Deloitte’s Fast 50 and as one of the fastest growing private companies in the country. For more information, please visit www.schoolnet.com.