my images
Essential reading for education companies worldwide
 
 
Remember me:
Skip Navigation LinksEI article
Exclusive: Digital Assess secures $3m investment

Online assessment firm TAG Assessment has rebranded as Digital Assess and secured $3 million (£2 million) in new investment.

The UK firm will use the funding, which comes from new and existing shareholders, to enter new markets.

The company has also strengthened its team, hiring Geoff Chapman and Craig McWilliam as business development officer and ELT business development manager last month. 

It follows the appointments of Eoin Geraghty as business development director and Simon Grundy as director of customer experience in March. 

Digital Assess offers online assessment tools for accreditation bodies, the vocational and higher education spaces.
 
Its technology facilitates project work, collaboration, evidence gathering and assessment.

According to the firm Oxford, Cambridge and RSA Examinations (OCR) has put 50,000 students through courses using Digital Assess.

Chairman and chief executive Dan Sandhu said: “The support from existing and new stakeholders is a great validation of our technology, the market opportunity for Digital Assess, and the difference it will make in supporting learning. 

“I have great confidence in our team, and believe that we really can make a difference to how evidence-based assessment is carried out both in the learning and vocational environments, equipping learners with the skills they need to succeed.”


Posted on: 03/06/2015




Latest news

24/05/2018
Education technology company 2U has appointed Mark Chernis as its chief operating officer. Lanham, Maryland-based 2U was founded in 2008 and Chernis has been a board and audit committee member of the company since 2009.He joins 2U from global education company Pearson.
23/05/2018
Chinese education company JiaYi Education has acquired Bambinos, which has four nurseries in the Plymouth area of Devon. The nurseries serve 400 families with children aged from birth to five, or up to 11 during holidays and after school.
23/05/2018
Buffalo, New York-based Campus Labs, a subsidiary of Edcentric and a portfolio company of Leeds Equity Partners, has acquired Chalk & Wire Learning Assessment, which provides learning assessment and credentialing software used by higher education institutions to assess and measure student learning.
23/05/2018
Four Seasons Education, the Shanghai-based after-school maths education service provider for elementary school students has announced unaudited Q4 gross profit of CNY37.7 million (£4.4 million), up 38.6% from CNY27.2 million in the fourth quarter last year.
17/05/2018
Beijing-based China Distance Education Holdings, a provider of online education and value-added services for professionals and corporate clients in China, has announced a loss for the second quarter of fiscal year 2018 ending 31 March.
17/05/2018
Fulton, Maryland-based New Markets Venture Partners today announced the final close of NMEP II, a $68 million (£50.4 million) venture capital fund focused on education technology and innovation.
17/05/2018
Denver, Colorado-based NeoStencil, an ed tech start-up, has acquired Noida, India-based TestCafe, an analytics-based test practice portal for an undisclosed sum.
17/05/2018
The initial public offering of online learning platform PluralSight was yesterday priced at $15 per share, above a range raised the day before, Reuters has reported.
17/05/2018
Baltimore-based higher education company Laureate Education has appointed Timothy P Grace as its chief human resources officer, effective 28 May. He joins from recently bankrupt global toy and baby product retailer Toys‘R’Us, where he was global chief human resources officer.
17/05/2018
Santa Clara, California-based Chegg, an online textbook rental company, has acquired WriteLab, which offers an AI-enhanced platform that teaches students to write correctly.



my images


Asia | Private investment

The availability and quality of Chinese private education is improving, driven by an increasingly affluent, urban, and cosmopolitan population. Choosy Chinese education consumers are advantage seeking, premium preferring and internationally minded. So how should investors and operators respond? L.E.K. Consulting's global education practice partner Anip Sharma and senior manager Maryanna Abdo investigate
Read more...


Christie + Co

Asia | Private investment

Thomas Choo, a partner at Clyde & Co's Singapore office, points to an easing of the regulatory framework for foreign private education investment in Southeast Asia, as countries note the growing number of nationals seeking an overseas education
Read more...


Veale Wasbrough Vizards