ITC Partners Fund invests in Schoox and names Campbell B. Lanier III as Chairman of the Board
After researching almost every Learning Management System out there, ITC Partners Fund invested in Schoox due to the focus on mobile design in the entire architecture and user experience.
With its continued focus on innovative technology, ITC Partners Fund invests in Schoox, an e-learning platform experiencing explosive growth as a modern day Learning Management System (LMS). In this latest fund round, Schoox also named Campbell “Cam” B. Lanier III as Chairman of the Board.
“In today’s digital marketplace, traditional training methodologies are inefficient and outdated. Our team looked at almost every LMS out there and Schoox was the only LMS that built their entire architecture and user experience around mobile. It allows companies to easily build training academies with online courses and exams in minutes and use any type of training material from video, pdf to SCORM and deliver it on any device,” said Campbell B. Lanier, III, Chairman of the Board.
Schoox currently has delivered more than 2 million video lessons, including 13,000 video lectures in a single day. With the current growth rate, a new user joins Schoox every minute.
“ITC Partners Fund understood we were not just building another LMS, but we were building a LMS with a comprehensive social learning, knowledge sharing, content and talent management platform. With our open API design and the end user experience in mind, we have delivered everything the corporate and franchise customer has been wanting for years,” said Lefteris Ntouanoglou, CEO of Schoox.
Schoox was designed to have the easiest user interface so any individual and any type of business could get started immediately. However, the mobile, social, and reporting features with the scalability that large corporations and franchise organizations like Newk’s Eatery, Alamo Drafthouse Cinemas, TAG Mobile and Rimlogistics demanded as customers is what is driving Schoox’s exceptional growth.
Schoox is a global e-learning software solutions company providing training platforms for small businesses, corporations and franchises specializing in restaurant and retail industries. Redefining Learning Management Systems, Schoox’s highly intuitive, social, mobile interface has delivered over 2 million video courses and serves businesses and users in over 20 countries. For more information, visit http://www.schoox.com.
About ITC Partners Fund
ITC Partners Fund is a venture fund targeting privately held companies pursuing a diverse range of opportunities in technology, communications and digital growth. With a century-long legacy of innovation, ITC Partners Fund pursues innovative entrepreneurs with unique ideas, strong management teams, and a proven track record.