Apex Learning: Difference between revisions
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In 2006, Apex Learning landed $6 million in venture capital financing led by MK Capital <ref>{{cite web|last1=Cook|first1=John|title=Apex Learning scoops up $6 million|url=http://blog.seattlepi.com/venture/2006/11/29/apex-learning-scoops-up-6-million/|website=http://blog.seattlepi.com/|accessdate=8 August 2014}}</ref> |
In 2006, Apex Learning landed $6 million in venture capital financing led by MK Capital <ref>{{cite web|last1=Cook|first1=John|title=Apex Learning scoops up $6 million|url=http://blog.seattlepi.com/venture/2006/11/29/apex-learning-scoops-up-6-million/|website=http://blog.seattlepi.com/|accessdate=8 August 2014}}</ref> |
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Since 2009, Apex Learning's revenue has increased at a compound annual growth rate of 30 percent |
Since 2009, Apex Learning's revenue has increased at a compound annual growth rate of 30 percent.<ref>{{cite journal|last1=Fairbanks|first1=Amanda M.|title=Virtual Education Sees Rapidly Rising Revenues|journal=Education Week|date=June 11, 2014}}</ref> |
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==Products== |
==Products== |
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Revision as of 23:57, 12 December 2016
 | This article needs additional citations for verification. (September 2014) |
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| Company type | Education Software |
|---|---|
| Industry | Educational Software |
| Founded | 1997 |
| Founder | Paul Allen |
| Headquarters | Seattle, WA , United States of America |
Key people | Cheryl Vedoe, CEO |
| Products | Apex Learning Comprehensive Courses, Apex Learning Tutorials |
| Website | http://www.apexlearning.com |
Apex Learning, Inc. is a privately held provider of e-Learning solutions for K-12 education, offering online courses in mathematics, science, English studies, social studies, Romance languages, the fine arts, health and physical education, and Advanced Placement.
History
Apex Learning was started in 1997 by Microsoft co-founder Paul Allen on the idea that online courses and test prep, which were already succeeding in higher education, could be applied to K-12. The original focus of the company was providing online Advanced Placement courses and test prep, and AP remains a core part of Apex Learning's business. In the company’s first full year, Apex Learning served 200 students.
After a series of ups-and-downs during the dot-com bubble, Apex Learning raised and spent $37 million from venture capitalist investors, and the company had three different CEOs. In 2002, Cheryl Vedoe, formerly founder and CEO of Tenth Planet, a company that specializes in classroom technology, and then VP of Education Marketing at Apple Computer,[1] became the CEO of Apex Learning. Since then, Apex Learning stabilized its revenue and operations and introduced new web-based products addressing credit recovery, remediation, classroom teaching, and alternative schools.
Over the years, Apex Learning has acquired two other companies.
- 2002: Beyond Books
- 2003: Boxer Math
In 2006, Apex Learning landed $6 million in venture capital financing led by MK Capital [2]
Since 2009, Apex Learning's revenue has increased at a compound annual growth rate of 30 percent.[3]
Products
Recognizing the challenges schools face in meeting the needs of every student — from those struggling to stay on track for graduation to those capable of accelerating their learning — the company continues to develop innovative, digital learning solutions to support teachers and provide every student with the opportunity to excel beyond his or her expectations.
Today Apex Learning offers a comprehensive catalog of rigorous, standards-based online courses that meet high school graduation requirements and are used by schools nationwide for both initial credit and credit recovery. Apex Learning Comprehensive Courses—in core subjects, world languages, Advanced Placement, CTE and electives—are available for original credit and credit recovery.
Apex Learning adaptive Tutorials provides personalized learning to address course pass rates and exam scores, offering intervention, remediation and unit recovery.
During the 2015-2016 school year, there were more than three million enrollments in Apex Learning to improve student outcomes. Headquartered in Seattle, Apex Learning is accredited by AdvancEd and its courses are approved for National Collegiate Athletic Association eligibility.
See also
- E-Learning
- Virtual learning environment
- History of virtual learning environments
- Learning management system
References
- ^ Sellers, Dennis (Sep 18, 2002). "Cheryl Vedoe leaves Apple, joins Apex Learning". Mac World. Retrieved 5 August 2014.
- ^ Cook, John. "Apex Learning scoops up $6 million". http://blog.seattlepi.com/. Retrieved 8 August 2014.
{{cite web}}: External link in|website= - ^ Fairbanks, Amanda M. (June 11, 2014). "Virtual Education Sees Rapidly Rising Revenues". Education Week.