What is Echo360?
Echo360 develops and deploys a smarter video platform designed to improve learner engagement and outcomes. Their technology provides students and instructors with 24/7 access to course materials, including lectures and presentations, fostering a more interactive learning environment. By generating data insights, Echo360 assists higher education institutions and continuing education organizations in identifying opportunities to enhance learning effectiveness. The company's solutions currently reach over two million learners across a global footprint, spanning North America, Europe, the Middle East, and Asia Pacific.
How much funding has Echo360 raised?
Echo360 has raised a total of $182.1M across 10 funding rounds:
Series B
$15M
Other Financing Round
$46.5M
Private Equity
$26.4M
Debt
$1M
Debt
$3M
Private Equity
$35.9M
Other Financing Round
$31M
Series C
$18.1M
Private Equity
$3.2M
Debt
$2M
Series B (2008): $15M with participation from SCP Partners and Court Square Ventures
Other Financing Round (2008): $46.5M led by SoftBank, Court Square Ventures, Anthem Capital Management, and SCP Partners
Private Equity (2010): $26.4M supported by Softbank Capital Technology, Court Square Ventures, and SCP Private Equity Partners
Debt (2010): $1M, investors not publicly disclosed
Debt (2011): $3M, investors not publicly disclosed
Private Equity (2012): $35.9M, investors not publicly disclosed
Other Financing Round (2012): $31M led by Revolution
Series C (2014): $18.1M supported by SWaN & Legend Ventures, Duchossois Capital Management, and CNF Investments
Private Equity (2015): $3.2M, investors not publicly disclosed
Debt (2020): $2M backed by PPP
Key Investors in Echo360
SWaN & Legend Ventures
SWaN & Legend Venture Partners is a US-based venture capital fund manager that focuses on multi-stage investment opportunities in the consumer sector. The firm targets exceptional management teams looking to capitalize on shifts in consumer behavior, initially taking non-controlling minority stakes while providing mentorship and hands-on support.
Duchossois Capital Management
Duchossois Capital Management is a private investment firm established in 2013 by The Duchossois Group. The firm provides experience, operational expertise, and long-term vision to management teams, fund managers, and partners.
CNF Investments
Clark Enterprises Inc. operates as a holding company and was founded in 1972. Clark Enterprises serves investors throughout the United States and is headquartered in Bethesda, Maryland.
What's next for Echo360?
With substantial enterprise-level backing and a recent strategic investment, Echo360 is poised for continued expansion and innovation. The company's focus on data-driven insights into learning behaviors suggests a strategic direction towards further personalization and efficacy improvements within its video-based learning solutions. Future growth is likely to involve deepening its penetration in existing markets and potentially exploring new educational segments or technological integrations to maintain its competitive edge in the ed-tech landscape.
See full Echo360 company page
