Newport Beach, CA, September 14, 2016 – We are pleased to announce the recapitalization of Learners Edge (the “Edge” or the “Company”). Founded in 2002 and based in Lakeville, Minnesota, the Edge is a leading direct-to-teacher provider of online professional development, continuing education and master’s degree programs for K-12 teachers. Co-founded by two middle-school teachers, Joe Cotter and Kyle Pederson, the Company was established with the mission to advance educators’ skill, career paths, classroom instruction and, ultimately, student success by providing the most flexible, engaging and relevant professional development courses available. “We’re very excited about our partnership with L Squared” stated Joe
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Newport Beach, CA – L Squared Capital Partners is pleased to announce a growth investment in Edlio. Founded in 2011 and based in Los Angeles, CA, Edlio is a leading provider of cloud-based software to the K-12 market. Built on a Software-as-a-Service platform, Edlio’s content management system facilitates connections and interaction among teachers, administrators, parents and students through a variety of different modules. The investment by L Squared will enable the company to further invest in sales and marketing, international growth, new product development and support strategic acquisitions across the education technology landscape. “We had the opportunity to partner with
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Newport Beach, CA – L Squared Capital Partners (“L Squared”) is pleased to announce a growth investment in Virtium (the “Company”). Founded in 1997 and based in Rancho Santa Margarita, CA, Virtium is a leading provider of customized, ruggedized, and highly engineered industrial memory and embedded solid state drive (“SSD”) products to the industrial market. In recent years, the Company has experienced significant growth as a result of increasing demand for highly customized memory and storage products. The investment by L Squared will enable the Company to further invest in its product portfolio, firmware development and application engineering teams that
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