NEW YORK--(BUSINESS WIRE)--Weld North Holdings LLC, led by former Kaplan CEO Jonathan Grayer, announced today its continued expansion across the evolving digital education market by acquiring a control interest in Intellify Learning. Terms of the agreement were not disclosed.
Boston, MA based Intellify Learning is a state-of-the-art cloud-based platform that provides learning analytics and data management services to collect, measure, store, access, distribute and visualize learning metrics. Intellify’s advanced technology solutions enable and deliver real-time data driven insights to education providers, digital content and courseware publishers, service providers and learning delivery platforms. With Intellify, educators are finally able to quickly and accurately track student learning, regardless of how many digital education platforms are implemented in the classroom and the overall academic enterprise. Intellify will continue to service and integrate its products across the entire ecosystem of educators and digital learning solutions providers.
“As educators are introducing more technology platforms into their classroom, the role of big data has never been more important in understanding and guiding the way students learn and educators educate,” said Jonathan Grayer, Chairman and CEO of Weld North. “With this in mind, we searched the education technology landscape for the best and most innovative big data and analytics companies to provide these solutions and landed firmly on Intellify.
“We are confident that backing the team at Intellify will have a major impact on how educators design courses of study, track and gauge standardized test results, evaluate learning progress vs. time against task, improve persistence in higher education, and much more. We are excited that Intellify is part of the Weld North family and are looking forward to helping it grow.”
“We are thrilled to be joining Weld North as together we accelerate our mission to help educators and e-learning solution providers gain invaluable insights from the immensity of learning data existing in the digital education ecosystem,” said Chris Vento, CEO and co-founder of Intellify Learning. “At Intellify, we are fiercely passionate about our ability to positively impact the way students and instructors can understand and take control of their progress in real-time during the learning experience, and joining Jonathan and his Weld North team will accelerate our innovation and success in learning analytics.”
With this acquisition, Intellify will join Weld North’s national portfolio of digital education businesses, including Edgenuity, a provider of engaging online education and blended learning solutions for students grades 6–12; Imagine Learning, a developer of language and literacy software for struggling readers, early childhood students, and the rapidly growing English language learner (ELL) student population; Learning House, an online education solutions partner that helps colleges and universities develop effective ways to deliver online degree programs; Generation Ready, a national provider of leader and teacher professional learning services; and Truenorthlogic, a market-leading provider of SaaS-based K-12 talent management solutions.
About Weld North
Weld North is an investment company concentrating on education technology businesses. In partnership with KKR, a leading global investment firm, Weld North seeks to make control investments in businesses with high potential for long-term growth in cash flow. With strong and highly motivated management teams, the firm looks to accelerate growth through an obsessive focus on enhancing the customer experience, operational excellence, marketing expertise, and strategic and disciplined management.
Intellify Learning is a fast-emerging learning data management and analytics solutions company. Intellify delivers highly scalable, cloud-based, Platform as a Service (PaaS) capabilities to collect, store, manage, access and deliver learning intelligence-driven analytics and other advanced data-driven capabilities to the education market. Intellify enables its clients and partners to measure, inform and enhance the teaching, learning, and the comprehensive online digital curriculum experience.
For more information on the Intellify4 solutions visit http://www.intellifylearning.com/solutions/. To request a follow-up and demonstration of these exciting new Intellify4 offerings please subscribe to and request a follow-up at http://web.intellifylearning.com/about_us/#contact. In addition, to learn more about Intellify Learning in general, visit www.intellifylearning.com and follow-us on twitter @intellify.