Silverback Learning Adds $2.5M to support its SaaS platform

Thursday, June 13, 2013

Idaho-based education software provider Silverback Learning Solutions announced a new round of funding today, adding $2.5 million from a collection of angel investors to help fuel its continued expansion. The new cash will help Silverback’s Mileposts platform achieve greater exposure across more of the U.S., according to CEO Dr. Jim Lewis, and will help it speed up the process of executing its product roadmap by adding additional partner integrations.

For Lewis, the time is exactly right for a solution that can meet the needs of parents, educators and students and does so in a way that’s easy to understand, use and follow. When asked about the state of the education software market, which in many ways seems more fractured than ever now that new startups are vying with some of the few technology solutions in the space that have gained any real traction, he said that Silverback is aware of this problem, and that’s why they’ve taken a different approach to building product from most.

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