BloomBoard Raises $5 Million

BloomBoard Raises $5 Million

BloomBoard is one of the new wave of startups hoping to fine-tune the professional development process. And, after keeping it a secret for some time, company CEO Jason Lange shared with EdSurge that the company has raised $5 million in Series A round from Birchmere Ventures and the Gates Foundation. (Of the two, Gates contributed $3 million.) The deal was wrapped up at the end of 2013.

BloomBoard offers a platform that helps teachers and administrators record, collect and track the data related to professional development. Teachers set learning goals and create action plans. Based on this data, BloomBoard will recommend resources from over 50 third-party providers that best target their needs. (Not all resources are free, and BloomBoard takes a cut of the sales.) Administrators can also use the platform to upload their notes from observations and track teachers’ progress toward goals.