Edsurge

NOVEMBER 9, 2016

His career also includes stops at Microsoft, Schoolnet and Kaplan. New Markets has supported 43 companies since its launch in 2003; edtech startups make more than 90 percent of its deals in the past five years, Palmer adds. The Fulton, Md.-based based firm plans to raise up to $75 million, of which $30 million has been secured.

EdTech 130

EdTech Kaplan lynda.com Company 130

Edsurge

JUNE 18, 2017

As recently as 1997, only 27 percent of America’s K-12 school had internet access—a number that skyrocketed to 92 percent by 2003. Between 2004 and 2011, I worked as an executive in SchoolNet and Kaplan, both of which grew into successful and innovative education companies. The edtech industry made big strides during this era.

Kaplan 150

Kaplan Technology Education EdTech 150

Edsurge

MAY 16, 2018

The mid-Atlantic region near New Markets’ headquarters in Fulton, Maryland is home to some of the education industry’s biggest names, including Blackboard, EverFi, Laureate Education and 2U. To date, New Markets has invested nearly $30 million across 23 education technology companies since its founding in 2003.

EdTech 101

EdTech Blackboard Kaplan Company 101

Marketplace K-12

MARCH 9, 2016

Previously, Grayer was CEO of Kaplan, the education company that grew into a $2 billion business over his 14-year tenure. Performance Matters, which was founded in 2003, provides comprehensive, integrated solutions for formative assessment, data management, and analytics. Our industry requires it,” he said.

Kaplan 40

Kaplan Company Data Industry 40