Panorama Press Release - Oct 2013

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Panorama Press Release - Oct 2013 Powered By Docstoc
					                             UNDER	
  EMBARGO	
  UNTIL	
  OCTOBER	
  21,	
  2013	
  AT	
  7:30	
  A.M.	
  ET	
  
	
  
For	
  information,	
  contact:	
  
Michelle	
  G.	
  Faulkner	
  
Big	
  Swing	
  Communications	
  
michelle@big-­‐swing.com	
  
+1	
  617-­‐510-­‐6998	
  
	
  
K-­‐12	
  Survey	
  Platform	
  Company	
  Panorama	
  Education	
  Raises	
  $4M	
  
Seed	
  Round	
  from	
  Mark	
  Zuckerberg’s	
  Startup:Education,	
  SoftTech	
  
VC,	
  Google	
  Ventures,	
  and	
  others	
  	
  
	
  
Funds	
  to	
  help	
  Panorama	
  extend	
  its	
  mission	
  to	
  help	
  schools	
  improve	
  through	
  feedback	
  
and	
  data	
  
	
  
Cambridge,	
  Mass.	
  –	
  Oct.	
  21,	
  2013	
  –	
  Panorama	
  Education	
  (www.panoramaed.com),	
  
which	
  helps	
  K-­‐12	
  schools	
  improve	
  through	
  data	
  analysis	
  and	
  feedback	
  surveys	
  of	
  
teachers,	
  parents	
  and	
  students,	
  announced	
  today	
  that	
  it	
  has	
  raised	
  $4M	
  in	
  seed	
  
funding.	
  The	
  round	
  was	
  co-­‐led	
  by	
  Mark	
  Zuckerberg’s	
  Startup:Education	
  and	
  Jeff	
  
Clavier’s	
  SoftTech	
  VC,	
  with	
  additional	
  participation	
  from	
  Google	
  Ventures,	
  Ashton	
  
Kutcher’s	
  A-­‐Grade	
  Investments,	
  Yale	
  University,	
  and	
  others.	
  This	
  is	
  
Startup:Education’s	
  first	
  national	
  equity	
  investment.	
  
	
  
Panorama	
  provides	
  the	
  only	
  survey	
  and	
  analytics	
  platform	
  specifically	
  designed	
  for	
  
K-­‐12	
  schools.	
  The	
  company	
  helps	
  schools	
  find	
  data-­‐driven	
  solutions	
  to	
  their	
  most	
  
pressing	
  problems	
  by	
  collecting	
  and	
  analyzing	
  feedback	
  from	
  teachers,	
  parents,	
  
students	
  and	
  staff.	
  Panorama’s	
  technology	
  platform	
  is	
  used	
  in	
  more	
  than	
  4,000	
  
schools	
  serving	
  more	
  than	
  one	
  million	
  students.	
  Its	
  clients	
  include	
  the	
  Connecticut	
  
State	
  Department	
  of	
  Education,	
  the	
  Los	
  Angeles	
  Unified	
  School	
  District,	
  and	
  Aspire	
  
Public	
  Schools.	
  	
  
	
  
Aaron	
  Feuer	
  co-­‐founded	
  Panorama	
  while	
  still	
  an	
  undergraduate	
  at	
  Yale,	
  based	
  on	
  
his	
  personal	
  experience	
  as	
  a	
  state	
  student	
  council	
  member	
  during	
  his	
  high	
  school	
  
years.	
  “Our	
  schools	
  weren’t	
  using	
  feedback	
  from	
  teachers,	
  parents,	
  and	
  students	
  
effectively.	
  There	
  was	
  a	
  missed	
  opportunity	
  to	
  understand	
  everyone’s	
  experiences	
  
and	
  learn	
  what	
  was	
  and	
  wasn’t	
  working.	
  That	
  data	
  is	
  extremely	
  important	
  when	
  
addressing	
  issues	
  such	
  as	
  parent	
  involvement,	
  bullying	
  prevention,	
  school	
  safety,	
  
and	
  student	
  engagement.	
  So	
  when	
  I	
  was	
  in	
  high	
  school	
  in	
  Los	
  Angeles,	
  we	
  led	
  a	
  
statewide	
  campaign	
  to	
  use	
  this	
  feedback	
  in	
  education,”	
  said	
  Feuer.	
  “We	
  quickly	
  
realized	
  that	
  our	
  school	
  leaders	
  wanted	
  the	
  feedback	
  too,	
  but	
  they	
  did	
  not	
  have	
  an	
  
easy,	
  affordable	
  way	
  to	
  collect	
  data,	
  analyze	
  the	
  information,	
  and	
  take	
  action.	
  We	
  
decided	
  to	
  build	
  that	
  technology	
  for	
  public	
  education.”	
  
	
  
“We	
  are	
  using	
  technology	
  to	
  address	
  some	
  of	
  the	
  most	
  difficult	
  problems	
  in	
  
education,”	
  said	
  Feuer.	
  “We	
  are	
  tremendously	
  excited	
  to	
  have	
  Mark	
  Zuckerberg	
  
involved	
  because	
  of	
  his	
  passion	
  for	
  technology	
  and	
  education.”	
  
	
  
Panorama	
  differs	
  from	
  generic	
  survey	
  offerings	
  in	
  several	
  important	
  ways.	
  First,	
  
with	
  its	
  focus	
  on	
  K-­‐12	
  education,	
  the	
  company	
  has	
  developed	
  widely	
  used,	
  research-­‐
backed	
  survey	
  questions	
  that	
  are	
  specifically	
  designed	
  to	
  help	
  educators	
  understand	
  
their	
  schools.	
  Panorama	
  can	
  also	
  help	
  schools	
  design	
  custom	
  surveys.	
  Second,	
  
Panorama’s	
  consultants	
  use	
  best	
  practices	
  from	
  across	
  the	
  U.S.	
  to	
  develop	
  effective	
  
programs	
  for	
  each	
  client,	
  with	
  expertise	
  around	
  addressing	
  challenges	
  such	
  as	
  
engaging	
  parents	
  of	
  all	
  backgrounds.	
  Third,	
  Panorama	
  goes	
  beyond	
  data	
  collection,	
  
using	
  its	
  technology	
  and	
  experience	
  to	
  analyze	
  results	
  and	
  provide	
  
recommendations	
  on	
  next	
  steps.	
  	
  	
  
	
  
According	
  to	
  Feuer,	
  Panorama	
  plans	
  to	
  use	
  the	
  proceeds	
  from	
  this	
  seed	
  round	
  to	
  
launch	
  a	
  new	
  free	
  tool	
  for	
  individual	
  teachers	
  and	
  to	
  add	
  new	
  data	
  analytics	
  features	
  
to	
  its	
  platform.	
  Panorama	
  is	
  also	
  expanding	
  its	
  outreach	
  efforts.	
  “We	
  aim	
  to	
  help	
  
every	
  school	
  use	
  data	
  to	
  tackle	
  the	
  issues	
  that	
  matter	
  most	
  in	
  their	
  communities,”	
  he	
  
said.	
  “We’re	
  excited	
  to	
  expand	
  our	
  work.”	
  
	
  
About	
  Panorama	
  
Panorama	
  Education	
  helps	
  schools	
  improve	
  through	
  data	
  analysis	
  and	
  feedback	
  
surveys	
  of	
  teachers,	
  parents	
  and	
  students.	
  Panorama’s	
  technology	
  platform	
  helps	
  
teachers	
  grow,	
  and	
  schools	
  use	
  Panorama’s	
  tools	
  to	
  address	
  issues	
  such	
  as	
  parent	
  
involvement,	
  bullying	
  prevention,	
  school	
  safety,	
  and	
  student	
  engagement.	
  Panorama	
  
is	
  used	
  in	
  4,000	
  schools	
  serving	
  more	
  than	
  one	
  million	
  students.	
  Founded	
  by	
  three	
  
Yale	
  undergraduates,	
  Aaron	
  Feuer,	
  Xan	
  Tanner,	
  and	
  David	
  Carel,	
  Panorama	
  is	
  
backed	
  by	
  Y	
  Combinator,	
  Mark	
  Zuckerberg’s	
  Startup:Education,	
  SoftTech	
  VC,	
  Google	
  
Ventures	
  and	
  others.	
  Learn	
  more	
  at	
  www.panoramaed.com.	
  

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