![]() ![]() “He has an impressive track record of managing big teams to meet lofty goals, around both student outcomes and business success.” ![]() “Stuart is passionate about the mission of educational equity and comes with broad experience using technology to bring education solutions to diverse learners,” said Berger, in the release. It has raised more than $18 billion and invested in more than 300 companies. A venture capital and private equity firm, Insight Venture Partners invests in high-growth technology and software companies. That could translate into merger-and-acquisition activity as an avenue to accelerating growth, he said. “We’ll follow our customers’ lead on that.” If the company’s partner schools-of which there are thousands-indicate that “they are interested in interdisciplinary products, we’ll follow that lead.” Explore the K-12 Market With EdWeek Market Briefīusinesses and other organizations looking for intel on the school marketplace should check out EdWeek Market Brief, a service that provides news, analysis, and original data on the ever-changing needs and priorities of schools.Īchieve3000 is “blessed with investors who are interested in deploying capital if it makes sense, and they’re also interested in the double bottom line: helping kids and as a result building a good business,” said Udell. for two years, until resigning in February after the virtual charter school provider, a public company, redefined his responsibilities.Īsked in a phone interview about his plans for Achieve3000, Udell said: “There’s no question that literacy will be the foundation of what we do.” The initial focus will be on “advancing the product to other schools accelerating growth again, making sure we’re continuing to serve kids well.” It will also be important to build in product “functionality and features, and make sure we don’t miss a beat with a charismatic leader like Saki stepping out.”Īt the same time, “I think the organization is open to expanding into other areas,” Udell said. ![]() ![]() Stuart UdellĪdam Berger, who chairs the Achieve3000 board and is managing director of Insight Venture Partners, a majority investor in Achieve3000, said in a release that Udell was chosen “with Saki’s support,” and touted Udell’s operational experience. Its cloud-based solutions serve nearly 3 million students worldwide, according to the company. Achieve3000 provides a literacy platform that delivers adaptive, differentiated instruction. Saki Dodelson, who has led digital learning company Achieve3000 as CEO since 2000, will continue to be involved as a major shareholder in the Lakewood, N.J.-based company that she co-founded. The long-time CEO of Achieve3000 has stepped down and veteran ed-tech company leader Stuart Udell has accepted that role effective April 30, the company announced. ![]()
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