Seattle-based educational software and management company SynapticMash is being acquired by UK-based Promethean World Plc for $10 million cash. The cloud-based formative education assessment software company, founded in 2007, enables educators to evaluate student performance throughout the learning process, rather than by formal examinations at the end of a term, and helps teachers modify lesson plans and provide differentiated instruction to cater to students’ specific needs and progress. SynapticMash has raised $4.25 in funding so far. In a statement released today Promethean said SynapticMash fits directly into its education strategy and will significantly strengthen the company’s existing formative assessment and learning systems. Promethean expects to complete the deal before the end of the month.
Author: Thea Chard
Before joining Xconomy, Thea spent a year working as the editor of another startup, the hyperlocal Seattle neighborhood news site QueenAnneView.com. She holds a bachelor's degree from the University of Southern California, where she double-majored in print journalism and creative writing. While in college, Thea spent a semester studying in London and writing for the London bureau of the Los Angeles Times. Indulging in her passion for feature writing, she has covered a variety of topics ranging from the arts, to media, clean technology and breaking news. Before moving back to Seattle, Thea worked in new media development on two business radio shows, "Marketplace" and "Marketplace Money" by American Public Media. Her clips have appeared in the Los Angeles Times, the Santa Monica Daily Press, Seattle magazine and her college paper, the Daily Trojan. Thea is a native Seattleite who grew up in Magnolia, and now lives in Queen Anne.
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