CENQUEST RAISES ADDITIONAL $6 MILLION IN THIRD ROUND FUNDING AS E-LEARNING MARKET TAKES SHAPE
U.S. Trust’s Excelsior Venture Partners III Fund Added To List of Investors As Company Gains Momentum In Customized Corporate Education
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School’s out for Virtual University
Harcourt Higher Education, which launched a much-ballyhooed online college in Massachusetts last year, is closing the school’s virtual doors this fall without a single mortarboard tossed in the air.
Blackboard Announces Record Revenue of $13.5 Million for Second Quarter Up 480% Year-over-Year
Company Adds More Than 200 New Customers and Achieves Key Growth Milestones
Sylvan Learning Systems, Inc. Reports Strong Second Quarter 2001 Results
Sylvan Learning Systems, Inc. (NASDAQ:SLVN) today announced financial results for the quarter and six months e expected opening of one new campus at Universidad del Valle de Mexico (UVM) in Mexico. The campuses are expected to be open for the 2002 academic year. — Sylvan International Universities is increasing its ownership in Universidad Europea CEES […]
eTrain Internet training company files bankruptcy
Internet training company eTrain joined the burgeoning ranks of failed e-commerce companies with a filing late on Wednesday for Chapter 11 bankruptcy protection. Pryor/eTrain Holdings LLC, of Overland Park, Kansas, plans to liquidate, according to papers filed in the U.S. Bankruptcy Court in Delaware. The closely held company, which claims one million paid students and […]
Docent Reports Record Second Quarter 2001 Financial
Revenue Grows 26 Percent Sequentially Over First Quarter 2001 as Company Signs 32 New Customers, Including Seven in Fortune Global 500 and its Fourth in Fortune Global 10
VCampus Reports Continued Online Tuition Revenue Gains in Q2; Revenue Stream Diversifies as the Company’s Widening Customer Base Matures
VCampus(R) Corporation (Nasdaq: VCMP), the leading provider of end-to-end, web-based e-learning solutions, today announced its financial results for the second quarter of the fiscal (and calendar) year 2001. The Company also announced that, in addition to signing on six new customers during Q2-2001, including potentially the largest contract in VCampus’ history, its revenue stream has […]
Pathlore Secures 50 Percent Increase In e-Learning Contracts During Quarter
Pathlore, the most widely adopted e-Learning solution provider in the marketplace today, announced more than 150 new enterprise deals in the quarter ended June 2001, demonstrating the privately held Columbus-based company’s continued momentum in the corporate e-Learning solutions marketplace.
Blackboard Lays Off 40 Workers
Blackboard Inc., which makes course-management software used at many colleges, laid off 40 employees last week, in part to eliminate staff redundancies stemming from its acquisitions of other companies, Blackboard’s chairman said Wednesday.
eLearning Firm Viviance Closes US Operations, Cuts 20 Employees
The Swiss eLearning provider Viviance AG new education is focusing on profitability after obtaining several large projects in Europe and therefore terminating its cost-intensive activities in the U.S. Dr. Neil V. Sunderland, Chairman of the Board of Viviance, says that profitability is first priority. “The vast majority of our revenue has come from the European […]
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