Google Capital invests in Renaissance Learning

By  | 

WISCONSIN RAPIDS, Wis. (AP) -- Google Capital's investment in Renaissance Learning is its first in the educational sector.

The Wisconsin Rapids-based educational technology provider says Google Capital will become a minority owner with its $40 million investment. Formed last year, Google Capital has invested in only two other companies, SurveyMonkey and Lending Club.

Renaissance Learning recently acquired Subtext, a K-12 e-reading platform, to complement its flagship Accelerated Reader program. Daily Tribune Media says Google was an early investor in Subtext, a partner in its Google Books platform.

Google Capital executive Gene Frantz says the Renaissance Learning investment is just one example of an increasing trend for technology companies to embrace education.



 
The comment sections of our web set are designed for thoughtful, intelligent conversation and debate. We want to hear from the viewers but we are not obligated to post comments we feel inappropriate or violate our guidelines. Here are some of the criteria you should follow when posting comments:

Comments cannot be profane or vulgar. Children and families visit this site. We will delete comments that use profanity or cross the lines of good taste.

We will delete all comments using hate speech. Slurs, stereotypes and violent talk aren’t welcome on our web site.

Comments should not attack other readers personally.

We will delete comments we deem offensive, in bad taste, or out of bounds. We are not obligated to post comments that are rude or insensitive.

We do not edit user-submitted comments.

As a host WEAU 13 News welcomes a wide spectrum of opinions. However, we have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason WEAU 13 News reserves the right to not post or to remove any comment.
powered by Disqus