Education Incites® Secures Capital to Fund Next Phase of Growth
May 25, 2017
Chicago, IL – May 25, 2017 – Education Incites®, a provider of K-12 assessment technology that empowers educators to utilize data for quantitative continuous improvement, received its Series A funding from Daniels & King Holdings. Behind the funding are Bryan Daniels and Steve King, founding partners of Prairie Capital, and Chris Killackey of Prairie Capital. The financing will accelerate product development and innovation, strengthen delivery and support capabilities to ensure client success, and support continued growth.
“The Education Incites team has extensive experience in the construction of standards-based formative and summative assessment platforms having supported some of the largest, most complex school districts in the country. We’ve combined this experience with our collective expertise in constructing high volume web-based processing systems to build the Incite Assessment Platform from the ground up – with architecture like no other in its class,” said Education Incites CEO Steve Campbell. “We believe that the Incite Platform is a next-generation of assessment systems and this financial backing is a strong validation from the investor community.”
The Incite® Assessment Platform was constructed using the latest in big data/webscale technologies to construct an application that can easily scale to ultra-high load, while maintaining sub-second transactional response times for an unparalleled user experience. The platform supports the complete assessment process, from creating standards-based assessments, to administering and scoring, then providing real-time actionable data.
“We’re excited to provide the capital that Education Incites needs to expand its team and scale the business as it brings on new clients,” said Bryan Daniels of Daniels & King. “The company has innovative technology, experienced leadership and the industry knowledge needed to be successful in this space. We believe that the Incite Platform will provide the tools and the data that educators need to make instructional decisions that improve student outcomes.”
Educator feedback on the new Incite Platform has been extremely positive. “As districts are looking to implement a new assessment platform, they should look for next generation architecture and technology, like that found in the Incite Platform, which can support their assessment program into the future,” said Campbell.