Company:DreamBox

From HandWiki
Dreambox Learning
TypePrivately Held
IndustrySoftware
Founded2006
FoundersLou Gray and Ben Slivka
HeadquartersBellevue, Washington
Key people
Woolley-Wilson, president and chief executive officer[1]
ProductsMathematics Adaptive Learning Technology
WebsiteDreambox Learning

DreamBox Learning is an online software provider that focuses on mathematics education at the elementary and middle school level.[2][3][4][5] DreamBox Learning provides pre-kindergarten through 8th-grade students with over 2,000 lessons presented as animated adventures, games, and challenges.[4][6][7][8]

History

In 2006, DreamBox Learning was founded in Bellevue, Washington by the CEO and serial entrepreneur Lou Gray, and former Microsoft employee Ben Slivka.[8][9][10] In 2010, DreamBox Learning was acquired by the Charter School Growth Fund.[3][10] The acquisition was sponsored by Netflix CEO Reed Hastings through a program-related investment.[3][10] Jessie Woolley-Wilson became president and CEO of DreamBox Learning shortly after the acquisition.[3][10]

The software was designed for students outside the classroom to augment their mathematics education and school districts seeking to enhance their mathematics curriculum.[4][8] In 2012, the firm offered free trial licensing of lessons aligned with the Common Core State Standards Initiative to all schools within the United States.[6][11] The company released a free iPad app, DreamBox Math Learning program, in 2013.[12]

In 2014, the firm launched its Adaptive Math Curriculum for students in grades six through eight, with topics including basic functions, geometry, single-variable algebra, and ratios.[13] Also in 2014, the International Society for Technology Education reported that DreamBox added Spanish language support to its adaptive math software for students in grades K-8 [14] In 2016, the company updated its K-8 math curriculum with the ability to create custom assignments for individual students.[15]

Funding

DreamBox has raised money through at least the following funding rounds.

  1. US$7.1M Seed, October 2007
  2. US$11M Series A, December 2011 – three investors: Reed Hastings, Kleiner Perkins, and GSV Capital.[citation needed]
  3. US$14.5M Series A, December 2013 – led by Reed Hastings and John Doerr.[16][17]
  4. US$10M Series B, 2015 – led by Owl Ventures.[18]
  5. US$130M Series C, July 2018[citation needed]

DreamBox Learning is partnered with the education startup Clever Inc.[19] In 2016, The Center for Education Policy Research at Harvard University performed a study that found a positive correlation between using DreamBox's adaptive learning and test scores.[20]

References

  1. ↑ "DreamBox Learning CEO: How tech will shape the future of schools". GeekWire. http://www.geekwire.com/2014/future-education-practice-without-insights/. Retrieved 26 October 2014. 
  2. ↑ Weber, Matt. "Harvard EdCast: Adaptive Ed Tech". Harvard Graduate School of Education. http://www.gse.harvard.edu/news-impact/2013/03/harvard-edcast-adaptive-ed-tech/#. Retrieved 3 July 2013. 
  3. ↑ 3.0 3.1 3.2 3.3 Ark, Tom Vander (13 June 2012). "DreamBox Learning: Adaptive, Engaging, and Motivating Math". HuffPost. http://www.huffingtonpost.com/tom-vander-ark/dreambox-learning-adaptiv_b_1588581.html. Retrieved 3 July 2013. 
  4. ↑ 4.0 4.1 4.2 Adams, Caralee. "Individualized Learning". Scholastic. http://www.scholastic.com/browse/article.jsp?id=3757049. Retrieved 3 July 2013. 
  5. ↑ DeSilver, Drew. "Local, national venture financing declines for fourth quarter 2011". The Seattle Times. http://seattletimes.com/html/businesstechnology/2017284201_venture20.html. Retrieved 3 July 2013. 
  6. ↑ 6.0 6.1 Rotherham, Andrew J. (26 January 2012). "Can Computers Replace Teachers?". Time. http://ideas.time.com/2012/01/26/can-computers-replace-teachers/. Retrieved 3 July 2013. 
  7. ↑ Thompson, Dan. "DreamBox Expands Web-Based Math Learning Tool to Grade 5". The Journal. http://thejournal.com/articles/2012/01/31/dreambox-expands-web-based-math-learning-tool-to-grade-5.aspx. Retrieved 3 July 2013. 
  8. ↑ 8.0 8.1 8.2 Shepard, Kim. "Counting sheep: Raise math scores at bedtime". MYNorthwest. http://mynorthwest.com/11/662021/Counting-sheep-Raise-math-scores-at-bedtime. Retrieved 3 July 2013. 
  9. ↑ Huang, Gregory T.. "DreamBox Learning Bought by Netflix CEO (and Microsoft Board Member) Reed Hastings and Charter Fund—Some More Context". Xconomy. http://www.xconomy.com/seattle/2010/04/20/dreambox-learning-bought-by-netflix-ceo-and-microsoft-board-member-reed-hastings-and-charter-fund-some-more-context/. Retrieved 3 July 2013. 
  10. ↑ 10.0 10.1 10.2 10.3 "DreamBox re-positions itself for focus on K-12 market". GeekWire. http://www.geekwire.com/2012/dreambox-repositions-focus-k12-market/. Retrieved 3 July 2013. 
  11. ↑ "Free DreamBox Learning for Math". Penniless Teacher. Archived from the original on 9 May 2013. https://web.archive.org/web/20130509052911/http://pennilessteacher.com/2012/01/free-dreambox-learning-for-math.html. Retrieved 3 July 2013. 
  12. ↑ Bolkan, Joshua (18 November 2013). "DreamBox Launches Free Math App for iPad". The Journal. http://thejournal.com/articles/2013/11/18/brief-dreambox-launches-free-math-app-for-ipad.aspx. Retrieved 26 March 2014. 
  13. ↑ "DreamBox Launches Adaptive Math Curriculum for Middle Schools". The Journal. http://thejournal.com/articles/2014/05/13/dreambox-launches-adaptive-math-curriculum-for-middle-schools.aspx. Retrieved 26 October 2014. 
  14. ↑ "Fifty from ISTE: 50 new ed-tech services". eSchool News. http://www.eschoolnews.com/2014/07/08/50-from-iste-933/. Retrieved 26 October 2014. 
  15. ↑ "New DreamBox Learning Feature Provides Personalized Learning Experiences". Getting Smart. 29 April 2016. http://gettingsmart.com/2016/04/new-dreambox-learning-feature-provides-personalized-learning-experiences/. 
  16. ↑ Wan, Tony (17 December 2013). "Netflix' Reed Hastings Leads $14.5M Series A1 for DreamBox". edSurge. http://www.edsurge.com/n/2013-12-17-netflix-reed-hastings-leads-14-5m-series-a1-for-dreambox. Retrieved 26 March 2014. 
  17. ↑ Cook, John (17 December 2013). "Netflix CEO Reed Hastings, VC John Doerr invest $14.5M in DreamBox Learning". Geekwire. http://www.geekwire.com/2013/netflix-ceo-reed-hastings-vc-john-doerr-invest-145m-dreambox-learning/. Retrieved 26 March 2014. 
  18. ↑ Lamm, Greg (August 27, 2015). "Bellevue’s DreamBox Learning lands $10 million in funding". American City Business Journals. https://www.bizjournals.com/seattle/blog/techflash/2015/08/bellevue-s-dreambox-learning-lands-10-million-in.html. 
  19. ↑ Sailors, John (25 March 2014). "Clever nabs $10 million for education software". Silicon Valley Business Journal. http://www.bizjournals.com/sanjose/news/2014/03/25/clever-nabs-10-million-for-education-software.html. Retrieved 26 March 2014. 
  20. ↑ Dobo, Nichole (8 June 2016). "Customized Math Lessons Could Help Students Learn More, Research Says". The Hechinger Report. http://hechingerreport.org/customized-math-lessons-help-students-learn-research-says/. 




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