EdCast, Inc.
| Private | |
| ISIN | 🆔 |
| Industry | EdTech |
| Founded 📆 | 2014 |
| Founder 👔 | Karl Mehta |
| Headquarters 🏙️ | Mountain View, CA |
Area served 🗺️ | |
Key people | Karl Mehta (CEO) |
| Products 📟 | Edcast LXP, Edcast MyGuide, Edcast Marketplace |
| Members | |
Number of employees | |
| 🌐 Website | edcast.com |
| 📇 Address | |
| 📞 telephone | |
Edcast is an educational technology company focused on enabling professional/lifelong learning and upskilling. Often billed as the “Netflix of learning”, its platform uses cloud-based computing and applied machine learning to tailor educational content to specific users.[1] The platform allows users to learn, develop, and measure their skills. Edcast is based in Mountain View, CA and has offices in Mumbai, India and Rotterdam, Netherlands.[2]
History[edit]
Karl Mehta founded Edcast in 2013 at Stanford, originally aiming to create a mobile app that leveraged a user-specific recommendation engine for educational content. Mehta had previously founded several other ventures including PlaySpan, a financial technology firm acquired by Visa in 2011 for $240 million.[3]
Mehta’s original vision was to build a knowledge cloud that could offer users relevant content to their occupation and the subsequent skills required. At the time, Mehta was a venture capitalist and found it difficult to conduct due diligence on the scores of different potential portfolio companies that his firm at the time (Menlo Ventures) was evaluating. Existing internet learning sites containing relevant information were heavily scattered.[4]
Initial product launch occurred in 2014, and in 2015 Edcast pivoted from primarily being a B2C enterprise to a B2B enterprise. Today its products include a knowledge cloud/learning experience platform, a digital adoption platform, and a learning content marketplace. Today customers of Edcast include 200+ of the Fortune 1000 firms, and the IT trade association for the entire country of India, among others. EdCast is considered a late stage (series D) startup and to date has raised over $101 million in funding.[5]
Acquisitions[edit]
In February 2019, Edcast acquired the Dutch tech firm Leapest. Leapest has a platform that serves as a marketplace for workforce training content.[6] In June 2017, Edcast acquired AI startup Sociative. Sociative is a platform for content discovery. In May 2016, Edcast acquired sales-training technology company Sales University.[7]
Awards[edit]
Silicon India's 2019 Company of the Year[8]
Named 2020 Technology Pioneer by the World Economic Forum[9]
EdCast was named the #1 Learning Tech Innovator of 2017 by Talented Learning
In 2019 CEO Karl Mehta was recognized by USA Today as one of the top 50 CEOs in America
References[edit]
- ↑ "EdCast: The 'Netflix' of Knowledge and Learning Content". Silicon India. Retrieved August 11, 2020.
- ↑ "EdCast: About Us". EdCast.com. Retrieved 11 August 2020.
- ↑ Pirie, Chris. Learning is the New Working. Learning is the New Working https://learningisthenewworking.org/season-five/season-5-episode-7/. Retrieved 11 August 2020. Missing or empty
|title=(help) - ↑ Pirie, Chris. Learning is the New Working. Learning is the New Working https://learningisthenewworking.org/season-five/season-5-episode-7/. Retrieved 11 August 2020. Missing or empty
|title=(help) - ↑ "Edcast, Inc". Crunchbase. Retrieved 11 August 2020.
- ↑ Roth, Jeffrey. "EdCast Acquires Leapest, the Leading Corporate Training Marketplace with 1,600 Business Customers". BusinessWire. Retrieved 11 August 2020.
- ↑ "EdCast Acquisition of Sales U". Edcast Corporate. Retrieved August 11, 2020.
- ↑ "2019 Company of the Year: EdCast". Silicon India. Retrieved 11 August 2020.
- ↑ Levinson, Phil. "EdCast Awarded as Technology Pioneer by World Economic Forum". Businesswire.
EdCast[edit]
This article "EdCast" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:EdCast. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
