Wednesday, December 7, 2011

Netflix' Hastings Boosts Investment In DreamBox Learning

Netflix CEO Reed Hastings is putting more money into DreamBox Learning, a developer of adaptive learning software for elementary school students, via his Charter School Growth Fund. DreamBox--which was acquired in April by Hastings' fund--said it raised $11M in a new round of funding, led by Charter Growth School Fund and also included John Doerr, GSV Capital, and Deborah Quazzo. DreamBox is based in Bellevue, Washington, and develops software which adapts to fit the skills and speed of students. More information »