EdCast | Pixr8 News

EdCast Acquires Content AI Start-up Sociative

24Jun By AnkitaNo Comments

ACQUISITION

EdCast Acquires Content AI Start-up Sociative

EdCast, the leading Knowledge Cloud platform for unified discovery and personalized learning, today announced the acquisition of Corte Madera-based Sociative, Inc. Founded in 2010, Sociative has developed highly focused content-discovery technology, using topical influencers, personalization and machine learning. Sociative founders Michael Tolson and Brad DeGraf are pioneers in the development of algorithmic inference technology for making sense of the real-time Web. "We are thrilled about joining forces with EdCast, given its mission and innovative technology that has been embraced by leading Fortune 500 companies worldwide," said Michael Tolson, Co-founder & CTO of Sociative, Inc. "We are looking forward to fully integrating our machine learning technology, which has gained so mu...

Online Learning Startup EdCast Acquired Online Sales Training Company Sales University

Online learning startup EdCast acquired online sales training company Sales University, previously known as WAGmob, for an undisclosed amount. This is the first acquisition the education platform has made after closing a $16 million Series-B round led by GE Asset Management in April. Sales University, founded by former Microsoft engineering executives, is headquartered in Seattle, US and Indore in India. "Besides innovative features like video role play and product training, Sales University provide access to some marquee influencers like Tom Hopkins and Ken Thoreson. Most importantly, they have the best mobile-first sales training app that we could find," said Karl Mehta, founder of EdCast. However, Mehta refused to disclose the terms of the deal. Sales University claims ...

Karl Mehta Led EdCast Raised $16 million Funding in Series B

EdCast, the online and mobile platform for distributing educational content from a network of industry experts, has raised in its latest round of funding led by GE Asset Management. The funding will use to help educational institutions, educators, enterprises and governments worldwide to collaborate with each other. Other investors joining with GE Asset Management includes – SoftBank Capital, Cervin Ventures, Stanford StartX Fund and Penta Global. “We are laser focused on our mission to empower enterprises in the knowledge economy with curated, contextual SmartBites (bite size knowledge) used everyday to get smarter in their work. The Millennials in the workplace along with the complexity of engaging and educating customers and partners is creating the need and demand for our knowledge...