A Boston educational technology startup now has two of the most storied families in Silicon Valley behind it.
Panorama Education, which makes tools that schools use to help students prepare for college, has raised $16 million in an investment round led by Emerson Collective, which is run by Laurene Powell Jobs, the widow of Apple co-founder Steve Jobs. Other investors included The Chan Zuckerberg Initiative, the philanthropic organization of Facebook founder Mark Zuckerberg and his wife Priscilla Chan.
Boston-based Spark Capital, as well as Owl Ventures, and SoftTechVC, also participated in the funding round, Panorama said.
The company said its products, which help measure students’ skills and improve learning environments, are being used in 400 school systems including New York City, Dallas, and San Francisco.
Panorama chief executive Aaron Feuer said in a statement that the new investment is a recognition that the company is adding a needed dimension to the way children learn.
“Great schools go beyond English and math to help grow every aspect of the child, from social-emotional development to love of learning,” he said.
The Sagamore Bridge is down to a single lane in either direction until Memorial Day weekend. And local business leaders are fuming.Continue reading »
The Northborough-based pizza chain filed for Chapter 11 bankruptcy on Monday, citing seven years of sliding sales and revenue.Continue reading »
Amazon reported the number for the first time under a new requirement that companies disclose the gap between pay for the rank-and-file and the person in the corner office.Continue reading »
The newest Silver Line bus route makes it debut on Saturday, providing a direct link from Chelsea to Seaport.Continue reading »
The store has a well-known tradition of classic style. But nearby retailers say ongoing construction in Harvard Square has decreased their revenue.Continue reading »
Check out the 25 organizations with 1,000 or more employees that made the Globe’s list of top workplaces.Continue reading »
The fine is for alleged abuses tied to its auto lending and mortgage businesses, multiple outlets reported.Continue reading »
The Irish drug maker, which has most of its operations in Massachusetts, rejected an offer that would have made Japan’s Takeda one of the biggest drug makers in the world.Continue reading »
It’s taken several years, but Natick is finally getting its own Wegmans supermarket this month.Continue reading »